Press Release (ePRNews.com) - ROHNERT PARK, Calif. - Jul 20, 2018 - There are many benefits to living the single life in America. According to Business Insider, singletons have more leisure time to explore their favorite hobbies, they tend to make more money than their married colleagues and they spend less time at the office. They also sleep better, work out more and have less legal liability and credit card debt. But couples who live together have lower living expenses, especially if they are splitting rent, grocery expenses and utility bills. Plus, if a person loses their job or has unexpected medical issues, they can generally count on their partner to help them out. Single or married, obtaining lower monthly payments on their federal student loans may interest borrowers with student debt. Ameritech Financial is a document preparation company that helps student loan borrowers apply for federal income-driven repayment plans (IDRs) offered by the Department of Education.
“Ameritech Financial could help you apply for better repayment plans for your federal student loans, regardless of your relationship status,” said Tom Knickerbocker, executive vice president of Ameritech Financial.
Partners may help each other out with student loan payments and other finances. But in certain repayment plans, their payments may be calculated using both incomes. IDRs calculate payments based on income and family size. Marriage can affect a borrower’s monthly payment because a spouse’s income may be considered in determining the payment amount.
Ameritech Financial could help you apply for better repayment plans for your federal student loans, regardless of your relationship status.
Additionally, there are ramifications of filing jointly or separately with taxes that could impact the borrower’s IDR. However, borrowers should talk with a trusted tax professional to help them understand their financial situation. Meeting with a financial or tax expert could give them a better picture of where they stand with their student loans and filing status, among other topics.
IDRs can be very confusing to borrowers, especially when each plan seems to have its own rules and financial consequences. Ameritech Financial encourages those borrowers to not let the puzzling repayment process become an obstacle in applying for an IDR that could help them prevent defaulting. Delinquency can result in some very serious repercussions that might not be easily changed.
“Our clients are the center of attention at Ameritech Financial. We will walk you through the maze of IDRs to help you understand your options,” added Knickerbocker. “We are with you every step of the way. From helping you with the application paperwork at the beginning of the program to when it is time for yearly recertification.”
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.
Each Ameritech Financial telephone representative 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.
Ameritech Financial Newsroom
To learn more about Ameritech Financial, please contact:
Ameritech Financial Source :
5789 State Farm Drive #265
Rohnert Park, CA 94928