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  • Report:  #692252

Complaint Review: American Education Services

American Education Services AES Misinformed/Loans Bought And Sold From X-Press Loan Servicing/Monthly Jumped from $45.00 to $700+ Harrisburg, Pennsylvania

  • Reported By:
    J. — Los Angeles California United States of America
  • Submitted:
    Tue, February 08, 2011
  • Updated:
    Tue, February 08, 2011
  • American Education Services
    P.O. Box 8177
    Harrisburg, Pennsylvania
    United States of America
  • Phone:
    800-233-0557
  • Web:
  • Category:

I wasn't surprised to read all the complaints.  After finding out on my own that my student loans had not only been bought and sold behind my back from X-Press Loan Servicing, to American Education Services (AES), a company I'm now reading about that has had several complaints about them, it baffles me how my monthly can jump from $45.00 to $700+.  I've been on the IBR (Income Based Repayment Plan), plan for quite some time now, and re-applied again after my loans had been transferred without my knowledge.  I had to reapply AGAIN since X-Press Loan Servicing folded.

A few things:  I was never properly informed before it was being done; I made a payment prior with an email receipt from X-Press Loans Servicing telling me it was made, and then AES saying it wasn't, and I just made another payment, and a rep. from AES, Nadine ID# 17399 (yes folks, record ALL ID numbers and names), telling me to make a new payment, it would be backdated to reflect the old payment; and NOW it says I'm past due and my monthly jumped to $700+ dollars a month.

If I'm qualified to be on the IBR plan and AES informed me they received all paperwork for the IBR, how can I jump from $45.00 to $700+ in a such a short time?

So I'm dealing with not being informed about the transfer; and misinformation about my payments with AES i.e. IBR plan and current monthly.

I have contacted an excellent consumer lawyer, who helped me out with another company I was having problems with.  I will contact AES first to see what happened, and have the lawyer waiting in the wings if I cannot resolve this matter.

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