Skip to main content
This Board Has Moved

This board has been migrated to our new platform! Check out the new home page at or click below to go directly to the new Board on the new site.

Go to the New Site
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I've never posted on this board before. But I'm so frustrated with my fiancees student loan company... I thought I'd see what you all think.
Now I had student loans a few years ago w/Sallie Mae and I never had any problems. I remember sending in extra payments towards principal which they applied right away. Also I have a mortgage with Washington Mutual and they give me no problems with my extra monthly payments. However AES when I've sent in extra payments towards principal to his student loans always puts the money first towards interest. Not all of it, but whatever interest has accrued. Is this normal or is this just AES? And now that he consolidated a few years ago is there any way to get away from them? They really got me mad cause when I was asking the supervisor to explain this to me over the phone she was extremely rude. I can't imagine a business doing this if they knew you could pick up, move elsewhere and some other big fish would get your extra money.

Any thoughts? Any government agency to complain to? Why can't he refinance? This is ridiculous!
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.