ACS Education / cant get them to apply over payments to principal balance!!!!!

United States Review updated:

I have been trying to pay OFF this loan that my mom co-signed for, for over 6 years.. the balance has barely budged because of "interest" EVERY time I send in a payment on the receipt I hand write " Please apply extra money sent to PRINCIPAL balance!!"
They don't do it.. Why does it have to be SO difficult to apply it?? HMM not sure who works for these idiots but its really frustrating to try to pay off when they don't apply it to principal like they should!!

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  • Cr
      29th of Apr, 2012

    They are absolute terrible.

    I have been paying my bills on time, and slightly over the due amount for some time now, but every single quarter they raise the APR anyhow.

    They are absolute crooks. DO NOT take out a loan with them for whatever reason if at all possible. They are one of the worst student loan companies around, and it's a TRAVESTY our government doesn't do anything for students like us struggling to make ends meet post graduation and having to pay outstanding interest rates that get raised and raised and raised.

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