Usacomplaints.com » Business & Finance » Complaint / Review: American Education Services - Paid 2,000 down and 176.00 monthly, loan balance barely dropped. #927878

Complaint / Review
American Education Services
Paid 2,000 down and 176.00 monthly, loan balance barely dropped

How do you pay 2,000 down, then 176.00 a month for 12 years, and only lower the principal on a student loan by 1,000? This was on a loan that had already doubled from 10,000 to 20,000. It is fraud, plain and simple, and I am done. I have paid my debt to society, and I am no longer going to be fraudulently taken advantage of this way.



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