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Incorrect Federal Loan Balance


IndiraMehta
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I'm paying off my federal student loan and the servicer changed from DirectLoans/Department of Ed to EdFinancial services.

Thing is, since the switch to EdFinancial, the balance of my student loans is crazy!

The interest paid went DOWN. From $670 on a january statement, it now shows $312 paid in interest. The balance on the loan also went from $4215 to now $4414. It went UP.

Has anyone else experienced these problems with their federal loans?

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