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Laurel Road has grown to be the second largest player in the student loan refinancing space in large part because of our reputation as the go-to low rate provider.Laurel Road Student Loan Refinance Review Common Bond was founded in 2011 by three MBA graduates from the University of Pennsylvania’s Wharton School who wanted to help their peers escape from high-interest student loan debt.
Office Hours: M - F: AM - 9 PM (EST) Email Phone: 1-800-233-0557 Mailing addressfor general correspondence: American Edication Services P. Box 2461Harrisburg, PA 17105-2461 Website: Click here for more information on the other main student loan servicers.
There are several remedies that might provide relief in the short term, but none of them will lower the interest rate or amount you owe.
For many borrowers with AES-serviced loans, refinancing to a lower interest rate can shave thousands of dollars off the total repayment amount.
Although they originally borrowed their tuition money from Uncle Sam, nearly 1 in 3 Americans with federal student loans make their monthly payments to a company called American Education Services. If your loans are being managed by AES, it’s a good idea to familiarize yourself with the company and what they can do for you.
AES is the largest of the nine student loan servicers that currently handle day-to-day management of student loans for the U. Student loan servicers play a crucial role in tracking your payments, explaining your options if you’re having financial difficulties, and answering any questions you may have. AES was founded by the Pennsylvania Higher Education Assistance Agency (PHEAA) in 1963 to manage loans granted through the now-defunct Family Education Loan Program.It’s a good idea to explore refinancing, especially if you took out your loans before 2014 and are paying more than 4% interest.