My student loan which has a variable rate 3 month LIBOR + 2.75% is administrated by AES. Every source says that 3 month LIBOR is now around 3.24%, was 4.73% one month ago and 4.96% three months ago. BUT AES use 5.24% to calculate my interest. They don't want to recognize the wrongdoing. Please tell me what should I do. Thank you.
Why AES is using a higher 3 month LIBOR for my student loan?
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