Posts: 5
Registered: ‎11-13-2012
AES SL - What would you do? Am I screwed?

I have six student loan accounts with Sun Trust/AES all reporting 60-day late from May 2006. It's a long story so I'll try to be succinct.


  1. College enrollment deferment ended with my last semester on 12/2010
  2. On 2/2/2011, my school informed AES that I was no longer enrolled
  3. AES received and approved my unemployment deferment request on 5/11/2010

According to the AES representative, they automatically used my one-time grace period in 2005. I did not request it. It was automatically applied. Therefore, when they received notice that I was no longer enrolled, payment was due immediately - NO GRACE WHATSOEVER.

So, by the time my deferment was processed, 60 days had indeed passed.Man Sad Incidentally, the last contact that they show with me was back in 8/2010.


My issue is the fact that I assumed there was a grace period that evidently did not exist. This results in six 60-day lates on my CR from 4/2011. As you can imagine, this is killing my attempt to rebuild.


I am VERY new to this endeavor. Please tell me what you would do if you were in my shoes. Am I simply SCREWED?