Aes Student Loan Lawsuit

Are you one of the many americans who are struggling with the burden of student loan debt? if you are, you may be interested to know that a new class action lawsuit has been filed against aes/pheaa, a student loan servicer. the lawsuit alleges that aes/pheaa has engaged in a pattern of deceptive, unconscionable, and illegal practices in servicing student loans, which have caused borrowers to be overcharged and misled. in this blog post, we’ll go over the details of the lawsuit and what it means for borrowers.

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PHEAA conducts its student loan servicing activities as AES and FedLoan Servicing. Complaints about student loan collections jumped 38% in 2014 with AES/PHEAA …

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Common Asked Quetions

Who is filing the lawsuit against AES Student Loans?

The Consumer Financial Protection Bureau is filing the lawsuit against AES Student Loans.

What are the allegations against AES Student Loans?

The allegations against AES Student Loans include predatory lending practices, charging excessive interest rates, and failing to provide accurate information to borrowers. Additionally, some borrowers have reported that AES Student Loans has failed to provide accurate information regarding repayment options and has failed to process payments in a timely manner.

What remedies are being sought in the lawsuit?

The remedies being sought in the lawsuit depend on the specific case, but could include monetary damages, injunctive relief, or other forms of legal relief.

How long has AES Student Loans been in business?

AES Student Loans has been in business since 1978.