Pay as You Earn (PAYE) - Federal Student Loan Relief Program

Pierce Bainbridge Files a Class Action Complaint Against FedLoan Servicing and Nelnet For Their Mismanagement of the Public Service Loan Forgiveness Program

Retrieved on: 
Friday, March 1, 2019
Student loans in the United States, Finance, Money, Loans, Economy, Public Service Loan Forgiveness, Loan servicing, Student loan, Student financial aid, Pay as You Earn (PAYE) - Federal Student Loan Relief Program, American Bar Association v. United States Department of Education

NEW YORK, March 1, 2019 /PRNewswire/ -- Pierce Bainbridge Beck Price & Hecht LLP has filed a class action complaint alleging that student loan servicers violated consumer protection and other laws in connection with the federal Public Service Loan Forgiveness program.

Key Points: 
  • NEW YORK, March 1, 2019 /PRNewswire/ -- Pierce Bainbridge Beck Price & Hecht LLP has filed a class action complaint alleging that student loan servicers violated consumer protection and other laws in connection with the federal Public Service Loan Forgiveness program.
  • If you believe errors or malfeasance by a loan servicer have prevented or delayed you from receiving Public Service Loan Forgiveness by the federal government, you are encouraged to contact Pierce Bainbridge for additional information about your legal rights and options at https://piercebainbridge.com/loan-forgiveness/ .
  • The Public Service Loan Forgiveness ("PSLF") program, administered by the U.S. Department of Education, was created by the College Cost Reduction and Access Act of 2007 to provide public- and nonprofit-sector employees with an opportunity to eliminate their student loan burden.
  • The PSLF program requires borrowers to make 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.

99% Rejection Rate From PSLF Program Doesn't Bode Well for Current or Future Applicants, Says Ameritech Financial

Retrieved on: 
Friday, November 30, 2018
Student loans in the United States, Public Service Loan Forgiveness, Money, Finance, Economy, Student loan, Ameritech, Pay as You Earn (PAYE) - Federal Student Loan Relief Program

Student loan borrowers applying for Public Service Loan Forgiveness (PSLF) programs, may have recently felt that type of rejection recently.

Key Points: 
  • Student loan borrowers applying for Public Service Loan Forgiveness (PSLF) programs, may have recently felt that type of rejection recently.
  • Ameritech Financial, a document preparation service company, says getting rejected from what is supposed to be a life-bettering program may be devastating for the many borrows who experienced it.
  • Getting help from a professional, like Ameritech Financial, may help borrowers better understand their situation so as to avoid a painful notice saying someone has been denied PSLF.
  • 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.

American Financial Benefits Center: Volunteer to Have Student Loan Reduced

Retrieved on: 
Tuesday, October 30, 2018
Economy, Money, Finance, Personal finance, Debt, Loans, Student loan, Student debt, Student loans in the United States, Student financial aid, Pay as You Earn (PAYE) - Federal Student Loan Relief Program, Student loan default in the United States

EMERYVILLE, Calif., Oct. 30, 2018 /PRNewswire/ --Most borrowers work for years to pay off their student loan debts, but American Financial Benefits Center (AFBC) is closely watching a recent trend in which borrowers can now volunteer to have their debt reduced.

Key Points: 
  • EMERYVILLE, Calif., Oct. 30, 2018 /PRNewswire/ --Most borrowers work for years to pay off their student loan debts, but American Financial Benefits Center (AFBC) is closely watching a recent trend in which borrowers can now volunteer to have their debt reduced.
  • Though there are other ways for volunteers to pay down their student loan debt, Shared Harvest Fund , launched this summer, has a goal of paying off $20 million in student loan debt by 2020.
  • An article in The Atlantic outlines how, on average, African-American students, after four years of making student loan payments, watch their student loan debt balances increase.
  • American Financial Benefits Center is a document preparation company that helps clients apply for federal student loan repayment plans that fit their personal financial and student loan situation.

Ameritech Financial Cautions Student Loan Borrowers Struggling With Repayment to Be Wary of Get-Rich-Quick Schemes: Heed FTC Warnings

Retrieved on: 
Wednesday, August 15, 2018
Student financial aid, Economy, Personal finance, Money, Loans, Finance, Student loan, Income-based repayment, Pay as You Earn (PAYE) - Federal Student Loan Relief Program

The Federal Trade Commission ("FTC") and the Minnesota Attorney General have taken action against the owners of the company for making misleading statements about potential earnings.

Key Points: 
  • The Federal Trade Commission ("FTC") and the Minnesota Attorney General have taken action against the owners of the company for making misleading statements about potential earnings.
  • Ameritech Financial, a document preparation company that helps student loan borrowers apply for income-driven repayment plans ("IDRs"), cautions borrowers to be wary of get-rich-quick schemes that promise unlimited earning potential.
  • Borrowers who are concerned about their ability to make their monthly federal student loan payments may benefit from avoiding such schemes and by looking into federal income-driven repayment plans ("IDRs") instead.
  • 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.

Borrowers May Want to Apply for Student Loan Forgiveness Repayment Plan Before the PROSPER Act Passes, Notes American Financial Benefits Center

Retrieved on: 
Friday, July 6, 2018
Student financial aid, Economy, Loans, Money, Finance, Public Service Loan Forgiveness, Student loan, Income-based repayment, Pay as You Earn (PAYE) - Federal Student Loan Relief Program

With the appearance of the recent PROSPER Act , many loan forgiveness programs were under threat of being removed, and there may be fewer repayment options for borrowers.

Key Points: 
  • With the appearance of the recent PROSPER Act , many loan forgiveness programs were under threat of being removed, and there may be fewer repayment options for borrowers.
  • However, since the PROSPER Act has been pushed back , American Financial Benefits Center (AFBC), a document preparation company, suggests that borrowers may not need to worry just yet and encourages them to look into income-driven repayment (IDR) plans if they plan on pursuing loan forgiveness.
  • Two popular strategies for federal student loan repayment are Public Service Loan Forgiveness (PSLF) and income-driven repayment plans (IDRs).
  • American Financial Benefits Center is a document preparation company that helps clients apply for federal student loan repayment plans that fit their personal financial and student loan situation.

Ameritech Financial: You May Be Able to Repay Your Student Loans With Part-Time Income

Retrieved on: 
Wednesday, July 4, 2018
Economy, Money, Finance, Loans, Student financial aid, Student loans in the United States, Student loan, Debt, Credit, Income-based repayment, Pay as You Earn (PAYE) - Federal Student Loan Relief Program

ROHNERT PARK, Calif., July 4, 2018 /PRNewswire/ --Part-time income may not feel like it is enough to pay for student loans as well as living expenses.

Key Points: 
  • ROHNERT PARK, Calif., July 4, 2018 /PRNewswire/ --Part-time income may not feel like it is enough to pay for student loans as well as living expenses.
  • Ameritech Financial, a document preparation company, may be able to help borrowers to remain in their part-time occupation while still being able to pay for their student loans.
  • "Being stuck with low income can make you feel the weight of every financial decision," said Tom Knickerbocker, Executive Vice President of Ameritech Financial.
  • "There are a variety of federal repayment plans available for borrowers who have federal student loans," said Knickerbocker.

It is Possible for Public Service Workers to Be Forgiven of Student Debts Says Ameritech Financial

Retrieved on: 
Thursday, June 21, 2018
Economy, Money, Finance, Public Service Loan Forgiveness, Debt, Loans, Student financial aid, Student debt, Ameritech, Student loan, Pay as You Earn (PAYE) - Federal Student Loan Relief Program

ROHNERT PARK, Calif., June 21, 2018 /PRNewswire/ --Public service workers have the ability to remove their student loan debt due to a program passed by Congress in 2007 called the Public Service Loan Forgiveness program (PSLF) .

Key Points: 
  • ROHNERT PARK, Calif., June 21, 2018 /PRNewswire/ --Public service workers have the ability to remove their student loan debt due to a program passed by Congress in 2007 called the Public Service Loan Forgiveness program (PSLF) .
  • Ameritech Financial, a document preparation service company, says they may be able to assist public service workers to understand and complete the necessary steps to obtain the forgiveness of their debt through PSLF.
  • "Ameritech Financial may be able to help those public serviceworkers who are having trouble getting their student loans forgiven.
  • 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.

Beyond Firefighters or Police Officers: Careers That Qualify for Public Service Loan Forgiveness

Retrieved on: 
Thursday, June 21, 2018
Economy, Money, Finance, Public Service Loan Forgiveness, Student financial aid, Loans, Student loans in the United States, Student loan, Pay as You Earn (PAYE) - Federal Student Loan Relief Program, Income-based repayment

American Financial Benefits Center (AFBC), a document preparation service company, has worked with thousands of clients whose student loans have become a burden and seen hundreds of different careers that clients have had, some of which qualify for a huge benefit of loan forgiveness.

Key Points: 
  • American Financial Benefits Center (AFBC), a document preparation service company, has worked with thousands of clients whose student loans have become a burden and seen hundreds of different careers that clients have had, some of which qualify for a huge benefit of loan forgiveness.
  • Careers that come with loan forgiveness fall into the category of a specific program called the Public Service Loan Forgiveness (PSLF)and are always some type of not-for-profit organization.
  • All of them are great careers for people to work inand for those who have federal student loans, they have a chance for loan forgiveness," said Sara Molina, manager at AFBC.
  • American Financial Benefits Center is a document preparation company that helps clients apply for federal student loan repayment plans that fit their personal financial and student loan situation.

Non-Profit Employees Give to the Public and May Receive Equal Help With Applying for PSLF Program, Thanks to Ameritech Financial

Retrieved on: 
Tuesday, June 12, 2018
Public Service Loan Forgiveness, Economy, Money, Finance, Loans, Student loan, Student financial aid, Pay as You Earn (PAYE) - Federal Student Loan Relief Program

But once the loans have been taken out, they have to be paid back one way or another.

Key Points: 
  • But once the loans have been taken out, they have to be paid back one way or another.
  • Many people with student loans look into ways to better afford their repayments and know of the Public Service Loan Forgiveness (PSLF) program that was instituted in 2007.
  • It makes sense that those who help others for a living should receive help when they need it too, and they may be able to with the PSLF program.
  • 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.

Income Driven Repayment Plans May Assist With Getting More Relaxation Time, Says AFBC

Retrieved on: 
Monday, June 11, 2018
Student financial aid, Loans, Economy, Money, Finance, Personal finance, Student loan, Income-based repayment, Pay as You Earn (PAYE) - Federal Student Loan Relief Program

American Financial Benefits Center (AFBC), a document preparation service company that has assisted thousands of student loan borrowers in applying for income-driven repayment programs, has seen how stress can wear student loan borrowers down.

Key Points: 
  • American Financial Benefits Center (AFBC), a document preparation service company that has assisted thousands of student loan borrowers in applying for income-driven repayment programs, has seen how stress can wear student loan borrowers down.
  • However, with income-driven repayment plans (IDR) lowering their monthly payments, some of the stress may be alleviated.
  • American Financial Benefits Center is a document preparation company that helps clients apply for federal student loan repayment plans that fit their personal financial and student loan situation.
  • Through its strict customer service guidelines, the company strives for the highest levels of honesty and integrity.