Each of us lives only now, in this brief instant. The rest has been lived already. So make the most thoughtful choices you can today that will lead to a better future.
Steve's Thought of the Day
Stop drifting and hoping a magic solution will appear. Instead, you can participate in rescuing yourself. Find peace by pursuing facts through trusted advisers and research rather than the blind trust of salespeople trying to sell you something by almost any means necessary.
Steve's Thought of the Day
Make decisions to deal with your debt with logic and facts, not assumptions, and worry about what other people will think. People who judge you will soon be forgotten. Nobody thinks about anyone that much.
Steve's Thought of the Day
The world is nothing but constant change. Your life is only a perception. Choose a way out of debt based on facts, not assumptions. Do what is best for your future because those that judge you will not feed you.
Steve's Thought of the Day
Do you have a greater responsibility to repair your financial past or your financial present and future? Make good choices that allow you to tackle your debt and immediately start building your emergency fund and saving for retirement. Tomorrow will be here before you know it. Lost time is a sin.
Steve's Thought of the Day
There is no sense in wasting a perfectly good financial mistake. Instead, learn from it and do better moving forward. The past is gone. Turn and face the future now.
Steve's Thought of the Day
Those who judge you for past financial mistakes are not your friends. So don't make choices about your future out of fear of what they may think. Instead, make choices based on truth, fact, and what is best for you moving forward from today.
Steve's Thought of the Day
Don't believe everything you think. Challenge your assumptions about getting out of debt. Do what is best for you, not others.
Steve's Thought of the Day
Is it less moral to file bankruptcy or to not take action that leaves you old, broke, hungry, and dependent on others?
Steve's Thought of the Day
If bankruptcy is so bad, why did our Founding Fathers specifically include it in the U.S. Constitution as protection for financial difficulties?
Stop listening to people that say bankruptcy is a last resort. It is neither first nor last. It is a tool like credit counseling, debt settlement, and others. For the best result, you need to use the right tool for the job.
Steve's Thought of the Day
People that tell you to avoid bankruptcy want to sell you something else are repeating something they heard or do not know what they are talking about. Get the facts and then make your own decision. Don't let an unskilled script-reading commissioned salesperson make life decisions for you.
Steve's Thought of the Day
Debt problems are like fingerprints. No two are alike. A one-size-fits-all solution will give you a one-size-fits-all result. You deserve better.
Steve's Thought of the Day
You are not your debt. Your value, self-esteem, and existence should not be defined by the money troubles you may be facing right now. Debt problems are solved with proper action, not guilt, self-hatred, and disgust.
Steve's Thought of the Day
Debt is nothing more than math wrapped in emotion. The math is easy, the emotional part leads us to do impulsive things. Not the right thing.
Steve's Thought of the Day
What type of money personality do you have? It is important to know. Take my online test now and discover how you unconsciously deal with money, credit, and debt.
Steve's Thought of the Day
How much retirement savings are you willing to throw away by dealing with your old debt instead of preparing for your financial future? Find how much you will lose by making the wrong choice. Use my online debt repayment calculator now.
Steve's Thought of the Day
Does it make more sense to ask for life-altering debt advice from an unskilled and untrained commissioned salesperson in a call center or an experienced debt coach like Damon Day that provides a customized solution for money troubles?
Question: Dear Steve, I took out a private loan in 2005 to help with college. This loan was for 7k. It is now 2020, and that same loan is now $7,120.00. AES is the loan servicer, and they have misapplied payments throughout the years. I feel justified in not paying them anymore after 15 years. … Read more
A bankruptcy Adversary Proceeding was filed in December of 2018 and one of the parties named in the action was American Educational Services. The consumer said they had $132,652 in private student loan debt that American Education Services was servicing. The underlying creditor was said to be Coronado Student Loan Trust. On March 19, 2019, … Read more
Question: Dear Steve, I am currently a full time PhD student. During my undergraduate and Master’s degree programs I acquired both federal and private student loans. Since I’m in school my federal loans have not entered repayment. However, my private loans are a different story. I have private loans through CUStudentLoans/ECSI and AES. Prior to … Read more
Question: Dear Steve, After graduation, I consolidated my loans thru AES. I had 7 loans (5 federal & 2 private). AES said it could only consolidate the federal loans, but not the private loans because PLs were not government loans, subsidized & are structured differently. This explanation made sense to me & I only asked … Read more
Question: Dear Steve, Student loans…was laid off from my job back in 2002, with 2 kids in college. also, decided to return to school my self. took out several loans that I thought was government loans with American education services. Between hurricane Katarina and not finding steady employment I defaulted on the loans. Was making … Read more
Question: Dear Steve, I have about 96,000 in PRIVATE student loan debt. I got off to a rough start with payments when I graduated in 2011 but since late 2012 I have been paying faithfully and haven’t made a dent in the balance. I have written numerous times to Wells Fargo, Navient (first Sallie Mae) … Read more
Dear Steve, I co-signed for approximately $35,000 worth of school loans for my daughter. She graduated from Chatham University in 2010 with a bachelor’s degree in psychology. She could not find a job in her field paying over $25,000 per year. She went back to school and has since graduated with her degree in nursing … Read more
27 year old with $200,000 in student loan debt and I really have no idea what to do about it. I make around $25,000 a year and as of right now I pay $32 a month towards my federal loans which total about $48,000. The rest is in private and I make no payment on … Read more
“Dear Steve, I have 4 student loans and two are private loans thru Wells Fargo and American Educational Services. They bot are default and they are about $45,000. I don’t make enough money to pay the loans. My salary covers basic needs and car payment. I had cosigner who passed away a month ago? What … Read more
Date This Problem Happened: December 15, 2005 State You Live in: Illinois Race/Ethnicity: White Age Range: 36-50 Total Amount of Fee Paid: Company Name: American Education Services (AES), Xpress Loan Servicing, Student Loan Solutions Company Address: P. O. Box 2461 Harrisburg, Pennsylvania 17105-2461 Company Telephone Number: 800-233-0557 Website of Company: aessuccess.org Consumer Statement: About 5 … Read more