alphagirl profile image 79

Has anyone ever tried to pay down their federal school loan?

I am thoroughly frustrated. I have called the Federal Student Loan Dept. and none of them understand how to pay down a loan. They told me to send in a second payment in the same month, after I have satisfied the actual payment due. I did that. They took my second payment and applied it to both interest and loan. The website does not have any information that shows students how to pay down a loan. It does tell you how to lower your payment and defer. What is wrong with that picture? Students need to pay-off a loan fast and quick. I am really angry at our government.

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mosaicman profile image85

mosaicman says

4 years ago
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