Aug 13

FedLoan Servicing is Terrible: Part III

I’m starting to think that this is going to be a never ending saga! I arrived home yesterday to find a letter in the mail from FedLoan Servicing about my payment for this month, so they now have even more surprises up their sleeve for me! My payment for this month is now just a grand total of $113.16 due on 08/21/2013. I’m completely shocked – I literally do not know what to say. Before I even researched this I had a gut feeling it wouldn’t even be enough to cover my interest and sure enough it proved to be right later on. My previous minimum payment was $343 and you see all the problems I am having with that, how is this payment going to solve anything?
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Aug 11

FedLoan Servicing is Terrible: Part II

Frustrated

I honestly still have no idea how FedLoan Servicing calculates how payments are distributed between loans, but I’m definitely trying to figure it out! My frustration with FedLoan Servicing grows as I’m still unable to find the information I’m looking for or at least some explanation of why my $600 payment (which was $257 over the minimum payment) was not able to cover all the interest. Well technically it was, but FedLoan Servicing had other ideas with it.
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Aug 06

FedLoan Servicing is Terrible

If your student loans happen to get bought by FedLoan Servicing I have one word of advice for you: run! Run far, far away! But you probably have the same stories about your loan servicing company, so is there anywhere you can actually run to? It has been nothing but headaches since I first found my loans were being bought by them from Direct Loans.
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Jul 27

Frugal Tips: Dorco USA Review

One of the things that I see as a necessity, but used to hate paying for was razors and razor blades. They seem so simple to make, they have been around forever, and are obviously mass produced. Yet they always seemed to cost a fortune! If you go into your local CVS or Walgreens, you may even find that the razor blades are locked up because they are so damn expensive. That seemed a little ridiculous to me.
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