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9 month rehab for default school loan

Submitted by Blanca Romero on Thu, 07/29/2010 - 15:09
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In July 2010, I finished my 9 month rehab payments for my default school loan. Now I want to consolidate my payments for a lesser amount. Does my loan have to be paid off in 10 years? I am looking into American Education Services for a Repayment plan, there is a plan called Level which details *The monthly installment amount remains the same throughout repayment starting minimum payment $50.00 *Small changes in the monthly installment amount may occur for variable interest rate loans if the annual interest rate increases. Has anyone heard of this company or about this repayment plan?