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AES Loan Servicing and Important Facts To Keep In Mind

By Morris Johnson


AES (American Education Services) is a loan servicer that offers high-quality student loans servicing features for students to help them pay back loans easily.

AES Services for Students

AES allows students to manage their loan options using built-in interface system. In order to to be able to use all services supplied by the AES, you need to open an account and once this step is done you will be able to log in with the password and user name and use it. So how it works for AES clients?. There are different options available for authorized customers that include: account administration, methods of payment, postponing payment and other tools.

The number one function is ability to administer your whole account. It's helpful function because it's clean. E.g., a consumer when he logs in can see the overview of an account, make a decision about payment method, read important news. You could also view details about their loans, view rates and check loan balance.

One more very helpful feature to think about is an opportunity to pay off your loan. There are 3 ways to do it: direct debit, online payments and payments by check. Each of 3 methods is fantastic. But generally people favor to pay online since it is express.

There are also several repayment plans available for borrowers of federal college loans. There are 5 repayment plans and each one is unique. Take into account, they are not available to borrowers of private education loans. The repayment includes other useful features like discharge and forgiveness. It allows to reduce or get rid of loan debt. However there are requirements to meet.

Another thing that can help students is tools and resources segment. It comes with 2 key types: glossary of financial aid terms and AES newsletters. Starting from September, 2011 AES offers a publication for all site visitors containing information for college students and parents. The e-newsletter is available in the html format and also can be received by email.

As a conclusion, it's significant to make a remark that AES student loans are not loan products provided by the lender - AES Corporation. These are college loans that are serviced by AES, which means that the company assists to pay back loans and offers extra tools.




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