To Refinance or Consolidate a Student Loan, a Question That Might Be Answered With Some Words From Ameritech Financial


Working with a loan servicer while having student loans is inevitable, even if the contact is minimal. But like any business, a specific servicer isn’t going to make every single client happy. Borrowers may wish to change services if service is poor enough, but they may be unsure of how, which may begin to affect their student loan repayment. Ameritech Financial, a document preparation service company that helps struggling student loan borrowers apply for federal repayment plans, suggests that student loan borrowers consider refinancing or consolidating their loans for the chance at better service and potentially better loan rates.

“Student loans have a lot of different factors to them, that for almost anyone can be confusing, which doesn’t lend itself to an easy repayment process,” said Tom Knickerbocker, executive vice president of Ameritech Financial. Consolidating multiple student loans into one loan won’t change a loan servicer, but it may help make the process of repayment smoother since there will be only one loan to look after. With one loan, there are no multiple interest rates on multiple loans to worry about either. However, if the multiple loans have different interest rates, some with much lower rates, consolidation may not be the best option.

Student loans have a lot of different factors to them, that for almost anyone can be confusing, which doesn't lend itself to an easy repayment process.

Tom Knickerbocker, Executive Vice President of Ameritech Financial

Refinancing loans gives a borrower a chance to take their loans to a different servicer and is usually a better option for those who don’t have many loans to consolidate into one. Lower interest rates and a longer repayment period may cost a borrower a bit more money in the long term, but it has a shot at making current monthly payments easier to handle. However, refinancing is only an option for borrowers with private loans. 

For those needing assistance with federal student loans, there’s also the option of enrolling into federal income-driven repayment plans. Ameritech Financial helps qualified student loan borrowers apply for federal programs, potentially lowering their monthly payment and getting them on track for student loan forgiveness after 20-25 years in the program. “At Ameritech Financial, we believe repayment shouldn’t have to be a struggle and that’s why we help our clients with the application and yearly recertification process for federal repayment programs,” said Knickerbocker.

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
5789 State Farm Drive #265
​Rohnert Park, CA 94928

Source: Ameritech Financial

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About Ameritech Financial

Ameritech Financial is a document preparation company that helps borrowers enroll in the federal repayment program that matches their individual financial needs, potentially lowers payments and gets them on track for student loan forgiveness.

Ameritech Financial
5789 State Farm Drive, 265 , #265
Rohnert Park, CA

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