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Help! Student Loan

October 20th, 2023 at 11:00 am

I diligently monitor my student loan balance, interest, and payments on a daily basis.

On average, my daily interest rate used to be approximately $5.80, but it has now surged to $11.70, nearly doubling.

This increase is perplexing, especially since my loan balance has decreased. I plan to reach out to the service provider for clarification. Does anyone have information on where I can report this matter?

Posted in Debt | 3 Comments »

3 Responses to “Help! Student Loan ”

  1. Lots of ideas Says:
    October 20th, 2023 at 03:45 pm 1697813125
    1697813125

    Does the site you are looking at show the interest rate or just the accrued interest?

  2. Amber Says:
    October 20th, 2023 at 05:06 pm 1697817998
    1697817998

    Trying to contact the service provider is like me attempting to perform oral surgery, it’s crazy. I did check the interest rate and it’s 6.875%, nothing has increased. I found an email address so I’ll try that way.

  3. Lots of ideas Says:
    October 20th, 2023 at 09:46 pm 1697834791
    1697834791

    If they have a software glitch, lots of people might be calling…

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