American Student Loan Services, LLC is not registered with the US Department of Education. They are offering fake student loan forgiveness programs to people and taking their money under false terms.
One may also ask, are AES loans direct loans?
You have eligible Direct Loans: Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans (made to parents or students), Direct Consolidation Loans, and Special Direct Consolidation Loans. You make 120 qualifying payments on an eligible repayment plan.
Accordingly, can AES loans be forgiven?
Can AES student loans be forgiven? The private student loans AES services are not eligible for loan forgiveness. But the federal student loans it servicers can be forgiven under different programs offered by the Department of Education.
Can American Education Services garnish my wages?
Can American Education Services Sue Me or Garnish My Wages? Remember that it is illegal for American Education Services to make empty threats to sue you or garnish your wages.
Can I pay AES loan with credit card?
AES does not accept credit cards or debit cards for payment. As an alternative to a debit card, you can consider using direct debit from your bank account, which may also earn you a discounted interest rate on your loan.
Is AES a federal loan?
American Education Services (AES) is a federal loan servicer that processes FFEL loans. While the FFEL program was discontinued, AES still handles borrowers in repayments, and it also services some private student loans for other lenders.
Is AES National Collegiate Trust?
AES was established by the Pennsylvania Higher Education Assistance Agency (PHEA), which is the nation’s second largest student loan servicer. … In the private loan marketplace, AES is one of the primary servicers for National Collegiate Trust (NCT).
Is AES site down?
Aessuccess.org is UP and reachable by us.
Is American education services a collection agency?
American Education Services (AES) is a student loan servicer and debt collection agency located in Harrisburg, Pennsylvania. They collect government-backed student loan debt. You may see AES listed on your credit report as a collections account.
Is National Collegiate Trust a federal loan?
Here’s the thing, the National Collegiate Trust isn’t a federal loan, a lender, guarantor, or even a servicer of your loan. It’s not connected to the federal government or any universities across the country for that matter.
Is nelnet a safe site?
If Nelnet is contacting you about student loans, then it is probably your servicer. Even so, check and verify your student loan servicer on the Federal Student Aid website to gain peace of mind that these communications from Nelnet are legit.
Is SL Finance legitimate?
SL Finance (SLF) is a private company and does not claim to be affiliated with any Federal, State or Local agencies. SLF assists people to obtain Federal Government Students Loan Forgiveness and Consolidation programs by pre-qualifying and submitting required documentation on their behalf.
What happened to ACS student loans?
Conduent Education Services (formerly ACS Education Services) was a student loan company that serviced campus-based, private, and federal student loans. It shut down operations September 1, 2019, and all of its loans were transferred to other loan servicers.
What is American student loan Services?
American Student Loan Services LLC is dedicated to helping you end your financial struggle. … We pride ourselves on quick, efficient, and professional financial help on your existing student loans. Our goal is simple, get you the help you deserve, find the program that works, and relieve your financial stress.