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
