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Reply to "Anyone have a loan with Access Group? Was it sold this week?"
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[quote=Anonymous]Mine were sold off too, and I'm just as pissed as everyone else. If you Google ACS student loans, you'll be innundated with horror stories. Silver lining is that those horror stories appear to be for private loans rather than FFEL loans. Right now I'm mostly ticked off about loosing the interest rate reductions but the OP's update gives me hope. Let's all hope the reductions do in fact transfer. Bottom line is that your MPN (master promissory note) says that the loan servicer can change at any time; luckily the terms of the MPN itself remain in effect and they're still federal loans. But it is painful to have such high interest rates when other rates are so low right now. [/quote]
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