Commonly referred to as Loan Rehab. This is a mutually agreed upon payment schedule between you-the-borrower and the U.S. Department of Education. They may add fees, but this will remove your student loan from default status. The payments are typically lower and your credit history is cleared from default. This is a one-time deal, though: If you fail to make your payments through this program, however, you cannot do it again.
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.Get Started Learn More