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Conduent education services payment

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While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Conduent Education Services, formerly known as ACS Education Services, was a company that serviced private, campus-based and federal student loans. It closed on Sept.

Conduent was a student loan servicer, a company acting as a middleman between the original lender and the borrower. Conduent sent student loan bills to borrowers, collected payments, helped borrowers enroll in payment plans and hardship programs, reported information to the credit bureaus and handled customer service.

But the company has gone through several changes through the years. Both ACS and Conduent have been the target of several lawsuits, complaints and fines over the years. The state cited steering borrowers toward expensive loan options, misreported information to the credit bureaus and misapplied payments among its reported grievances.

If Conduent Education Services previously managed your student loans, the company transferred them to a new loan servicer. When your loan is transferred to a different servicer, your loan terms and balance stay the same. However, the way you make payments may change.

Missing payments can hurt your credit, making it difficult to qualify for financial products later on. It depends on the type of loan you have:. Conduent Education Services is no longer managing student loan accounts. You can log in to the Federal Student Aid website, check your credit reports or contact your original lender to find out where your loans have been transferred.

Kim Porter. Kim Porter is a former contributor to Bankrate, a personal finance expert who loves talking budgets, credit cards and student loans. Porter writes for publications such as U. When she's not writing or reading, you can usually find her planning a trip or training for her next race. Chelsea Wing. Chelsea has been with Bankrate since early She is invested in helping students navigate the high costs of college and breaking down the complexities of student loans.

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