Subject: WOM
Ameritech Financial: Women With Federal Student Loans Can Access Repayment Resources for Simpler Repayment
ROHNERT PARK, Calif., March 15, 2018 /PRNewswire/ -- Women hold most of the student debt in the United States. Despite being more likely to go to college, data shows that women's families contribute less on average to their college costs. Women who have student loans in repayment may not have received equitable support from their families, among other factors that set them back, but they do have repayment possibilities if they have federal loans. Ameritech Financial, a document preparation company that assists borrowers in applying for federal repayment plans, encourages borrowers to find resources to help them with repayment.
"Student loan repayment can be stressful for anyone, especially if they're not getting the support they deserve to deal with their loans," said Tom Knickerbocker, Executive Vice President of Ameritech Financial. "Ameritech Financial provides borrower-centered services to help make repayment more simple."
Women don't just face lower contributions from parents than men to their educations; they also usually have lower wages than men, making repayment more difficult. For borrowers with federal loans who are struggling to make their payments, there are options available in the form of income-driven repayment plans (IDRs). These plans calculate monthly payments based on income and family size, which often lowers payments for qualified borrowers.
While IDRs are available for most federal loans, the plans require an application and yearly recertification to maintain enrollment. Ameritech Financial helps borrowers who may need extra help with the repayment process identify an appropriate plan, apply for, and recertify enrollment in the particular plan. The recertification support includes monitoring the timeline of the borrower's plan so that no deadlines are missed and the borrower does not fall out of the plan.
Ameritech Financial is a private company that is not affiliated with any government agency or loan servicer.
"Women have more student debt than men because of factors largely out of their control, so it follows that they should use the resources they have to make repayment easier," said Knickerbocker. "Ameritech Financial helps borrowers make sense of important repayment options and use them to their advantage."
About Ameritech Financial
Ameritech Financial is a private company located in Rohnert Park, California. Ameritech Financial has already helped thousands of consumers with financial analysis and student loan document preparation to apply for federal student loan repayment programs offered through the Department of Education.
Ameritech Financial is a member of the Association for Student Loan Relief (AFSLR), and each representative on the phone has received the Certified Student Loan Professional certification through the International Association of Professional Debt Arbitrators (IAPDA).
Ameritech Financial prides itself on its exceptional Customer Service.
Contact
To learn more about Ameritech Financial, please contact:
Ameritech Financial
5789 State Farm Drive #265
Rohnert Park, CA 94928
1-800-792-8621
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SOURCE Ameritech Financial
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