Conduent education acs

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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. Monitor your investments 24 hours a day, around the clock from around the globe.

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