American Education Services (AES) Tip from Mar 30, 2011

 by Anonymous - 1 year ago

“If you have a private student loan and your balance is growing despite making payments- take a very close look at your loan. While they say they only accrue interest daily they are actually adding it to the principal daily. If this is the case file a complaint with The Federal Trade Commissions Office. If your loan was purchased by NCT (National Collegiate Trust) and you can not reach them. I found that the trustee is First Marblehead, located in MA. There contact info in on the web. They also fall under the jurisdiction of the Federal Trade Commission.”