Mike Davies
March 2017

Income-Contingent Repayment Plan

Commonly referred to as ICR. This is a repayment plan with month payment that is the lesser of:

  • What would you pay on a repayment plan with a fixed monthly payment over 12 years adjusted based on your income
  • 20% of your discretionary income.

Options are available to help

Most people do not realize that there are programs designed to help those who may be struggling with their student loan payments. Thousands of borrowers have trusted Ameritech Financial to be their advocate. Click here to find out what options are available. Our services could help you get back on track.

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Mike Davies

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