• Report: #410192

Complaint Review: AES Student Loans

  • Submitted: Fri, January 09, 2009
  • Updated: Fri, January 09, 2009

  • Reported By:louisville Kentucky
AES Student Loans
Harrisburg, Pennsylvania U.S.A.
  • Phone: 800-233-0557
  • Web:
  • Category: Loans

AES Student Loans - American Education Services fraud, high interest, bad customer service, they lie Harrisburg Pennsylvania

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This company offers loans at a low interest rate and claims that it is easy to put your loans in deferment or forbearance. This is all one big lie. I signed up for a loan through them, a year later my balance had increased by over 30%. As I understood, my loan was not supposed to collect interest while I was in school, this was lie #1. Lie #2 came when my interest rate jumped from 6.5% to about 12% while I was still in school. I took a semester off, when I went back to school it was over a month into the semester by the time they actually put my loan back into deferment.

This company should be avoided if possible. Because of AES I will be in debt for the rest of my life. I can not even buy a house right now because of their "flexible" payments. It is sad that I have no other debt to my name, I have a full time job that pays somewhat decent, and I have no money to enjoy life in anyway. Students beware.

louisville, Kentucky

This report was posted on Ripoff Report on 01/09/2009 03:44 PM and is a permanent record located here: http://www.ripoffreport.com/r/AES-Student-Loans/Harrisburg-Pennsylvania-17130/AES-Student-Loans-American-Education-Services-fraud-high-interest-bad-customer-service-410192. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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