Student Loan Accounts Only Showing Principle Balance

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1

Hello,

My student loan account balances are not showing the unpaid interest (just the principal), so the debt balances are off because of this. How can I get Tiller to bring over the unpaid interest amounts?

Thanks for your help.

2

@brian53199

Plain and simple…those amounts do not and will not come through.

Blake

3

Your feeds are limited to the fields provided by Yodlee, our data aggregator, and, as @Blake notes, they are not so granular as to provide components like unpaid interest. That said, the debt/account balance should be correct.

Can you clarify: are you seeing a different end account balance in your spreadsheet than on the account page with the lender, @brian53199?

4

Thank you. Let me clarify with an example @randy. One of my wife’s student loans has $5000 in principal remaining, and $500 of unpaid interest, so a total of 5500. The amount showing in our Tiller sheet is 5000. If she needs to just manually update the balances every month, she will do that – I just wanted to ensure there wasn’t a better way. Thanks.

5

That is interesting. It almost sounds like a data aggregator issue— that the aggregator is pulling the wrong field from the institution’s site.

Can you provide the name of the institution? Perhaps @heather is familiar with this issue…

6

I use Mohela. The debt comes over fine. I add the accrued interest as a manual account. Blake

1 Like
7

Thanks @blake- that’s our backup plan I guess. @randy these are through fedloan servicing (myfedloan.org)

8

Hi all! Has anyone figured this out for fedloans? Only the principal gets imported. Thanks for any/all help!

Allie

9

Hi @allison91. Welcome! :wave: It’s not that they’re pulling the “wrong” field as @randy stated, it’s that they are pulling the “principle balance” as “balance” and this is just the way the data model works.

10

thanks! is there a way to pull the interest as well/current amounts?