aes student loan american education service Loan Sharks!! theft of people trying to better thereself. Scam artist harrisburg, Pennsylvania

Yes, I was paying. I took out a hardship.  The loan doubled during the hardship.  Your loan was A thousand $ is that correct? There is a problem with private loans for education.  The amount to go to collage is almost becoming unaffordable to those people in a field of trade.  I don't think people should be charged that amount of interest when in deferment. I asked for print out for the past 3 years nothing yet. It is my money.  The bank got 13,000.00 in interest.    That is not fair.  Loan shark comes to mind.  I see others in the same situation.  School shouldn't ruin  your life, should help.  Congressman Cohen of TN agrees.

There is in Ca a class action for this reason. Not laughable.  

You're leaving out some information that might be helpful. For instance, you say you've been paying on the loan since 2001.  Did you make payments every month, on time?  If just one payment was late, the interest can really add up.

Were you making the minimum payments, or more every month?

Do you have a copy of how your loan payments were applied? Out of curiosity since I also have a loan with AES, I accessed a copy of my payment schedule. All of it seemed accurate - in the past year I've made payments totaling $1000.00 (more than minimum every month), and of that, only $45 went to interest. Next month I pay it off in full :-)

"It's our money" No, it was THEIR money and you agreed to pay it back. And AES isn't a bank so banking law has nothing to do with it. Nor will an attorney take this on as a class action. I don't know why people always want to do that. You have to show that MANY people have been harmed, if you win the amount is almost laughable, and no one gets rich but the lawyers.

Lastly, there is no such word as "payed".