Why? I had my loan set up for automatic withdrawal for years, called to inquire about the public service loan forgiveness after working in a Title 1 school for ten years and was informed I didnt qualify because they had set my payment up to be 17 days late*(not actually late and no fees attached but according to their fine print it couldnt be more that 15 days late) I didnt pick the date, they did. The payment therefore is being paid by him which is making him responsible. Yes! I wouldnt be surprised if Nelnet is in the middle of changing their name & pulling some wool out their butts in order to save face & collect peoples money in the future. Me Too. I gave up awhile ago. I cant log in. How can Nebraska be included in this class action lawsuit? I was automatically switched over to them from Sallie Mae. Theyve had several servicers. One had a balance of $7,424 and the other had a balance of $3,430. I found this out during Covid too, all this time I had been misled. I am also in this same situation. Was never informed that I could consolidate or put in forbearance and was never told they werent held by the government. Nelnet is destroying lives around here, with their lies and deceiving. I dont know how they aquired my loan. Because it was a complete scam and my eyes. Now all of a sudden nelnet has it and my balance went back up by $5000.00 in one month!!! I received an email from the dept of education saying recertification for income based repayment was NOT DUE until January 2022 and Nelnet has completely disregarded this and is trying to increase my payment by $900 a month. Can I be part of this CAS? If Nelnet isnt federal can we file bankruptcy on those loans ? This consent form is eligible for filing only if executed by all parties. First they put me on a standard plan then after several phone calls and arguments they finally put me on the requested IDR only a week and a half later put my loans into forbearance that I didnt ask for. I need the amount that I paid in student loan interest. Nelnet denied me the application saying that I did not meet the qualifications for the program due to the years I received my loans. Its like being raped over and over every month. I filed bankruptcy in 2017 and attempted to file the loans into my Chapter 7 bankruptcy but was told that student loans could not be cleared through a bankruptcy. A borrower, whose account was paid in full, filed a complaint with the BBB stating, "I have contacted Firstmark every 2-3 business days since the college paid off the balance and I am continually told they are working on closing the account. I was under the impression that my loans were federal because I had only ever used FAFSA. I currently have my student loans, $18,123.71 worth, through Dept. I have tried to explain them what happen with my loan. Please include me in this lawsuit. My loans are in deferment, how can i be pre-default? I called flipping out how is this possible I think I will die and still owe Nelnet. I was told that my halfway consolidated loans were owned by the federal government and managed by Nelnet. It is far too complicated for me to understand, but I know conflict of interest when I see it. I asked for relief in 2011-2014 years. I have nelnet loans that have been reported late when actually enrolled in school. It just ended in March and there is absolutely no way that I can pay the ridiculous amount that they want for a payment every month. I was low income at the time and theres no way possible I would qualify for private loans with bad credit, no cosigner, ans no collateral! Load Error These student loans and the prior carrier of the student loans prior to Nelnet getting them are still causing me credit issues to this day. Account D. Designated as Magistrate Judge the Honorable Jeffrey T. Gilbert. I just read this article. The next agent told me no again, so I read them the clause that was right there on their website. I was notified by NelNet of a bal stilled owed ultimately forcing to take a TPD Discharge because NelNet refused to allow me to make payments stating I pay the remaining bal or or TPD my dead line would be Jan.11,2022 (2 weeks to decide)if I did not contact them it will automatically be assigned as a disability discharge.if known there was still a bal due when garnishment stopped I could and would have paid the debt. Once I began getting calls in May2019 from Nelnet, the voice recording left on my voice mail box stated federal government student loan servicer. Now we find out they are not federally backed when they lead us to believe that all along. Nelnet services a large percentage of law school loans, and there are a ton of lawyers in the NYC metro region. For myself it more about the principal.Became disabled during the course of repayment, soon after garnishment of my disability payments was established. I still have mine too that are stamped like that. They are private and a horrible company. I was told that if I consolidated to a qualifying loan that I would have to pay an additional ten years for forgiveness. lansum eldorado possession date. I didnt even know I had Nelnet until it was too late. No option to drop co-signer without the co-signers signature. The lifetime education interrupted my studies and I was influenced with misleading loan information. I thank all who have put in what they have found out about nelnet. Ive been with Nelnet for a long time now and also thought my loans were federally protected. I live in Oregon, not sure if that matters. Then, I can never get in contact with them when I call. Nelnet came out of nowhere. I currently owe close to $57,000. My parents took both me and both my sisters loans through NelNet. I would like to be added to this lawsuit But I live in Virginia. NOT. Long story short: my request was granted and my loans were ungrouped from three groups into 8. I have a Nelnet Loan, and have told them I could not afford their monthly payment. School Employees. All this time I was under the impression that I had government loans and its not true. Nelnet refused to look at the origin of my loans. Shutterstock. Good morning, I just responded to a phone call from Nelnet in Michigan (thinking it was federally funded), and when I noticed something strange on my bill (even after paying through COVID) I did some further research, my classification was J, yes banked owned! I was also told when I refinanced with them that I would be eligible for the Teacher Loan Forgiveness. How do I get in this lawsuit I have Nelnet and wasnt able to forgo. Everything online told me I could make payments on interest and principle if I wanted to. I have been paying for >10years and still owe more than when I started payments. I have Nelnet student loans. I keep getting interest every month through Nelnet. the content you have visited before, Advertising: Gather personally identifiable information such as name and location, Advertising: Use information for tailored advertising with third parties, Advertising: Allow you to connect to social sites, Advertising: Identify device you are using. Hello, I have federal student loans being serviced by Nelnet. She allegedly financed her tuition through Nelnet, eventually earning her Juris Doctor degree from the Stetson University College of Law. I have a nelnet student loan. I have Nelnet and they told me that my loan was not a Fed loan but that is incorrect. At one time, Great Lakes was also reporting. In a refinance, the new lender pays off the old debt, and the borrower repays the new lender according to a new loan contract. I was told that my loans through Nelnet was not eligible for being deferred when everyone elses was deferred. I wanted to send it to Bernie Sanders but was told to send it to my state senator: When the pandemic hit and the C.A.R.E.S. After transferring my loans to Fed Loan my balances immediately started to go down. These loans taken for education while going to college in Illinois. When I requested this from a service agent I was told no I couldnt do that because I was in the income based repayment program. My other loan servicer nelnet understood and told me that I was all set. We go to school to better our lives; to be successful in a career; and to be financially stable with being able to take care of our families and pay our bills. WTH is going on? I just dont know who to turn to and as a champion of student borrowers, I ask you, Tammy Baldwin, to go after Nelnet. I am from Indiana & my original Student loans have been bought from other companies or changed company names 4 times. I too have loans from NelNet and was led to believe they were federal student loans by the Dpt. The system is completely broken. They they charged me back interest. I knew something was off with this company after multiple times they told me all I qualified for was forbearance, still gaining interest but when I asked about consolidating the loans. I have Nelnet loans, and I also have dual reporting on my credit history, for loans that are over 10 years old and still being reported by both Nelnet, and Navient. ), it was consolidated and serviced by Great Lakes then I received a letter saying my loan turned over to Nelnet a few years ago. I have a nelnet account for less than 3800. I had no idea!! I have been paying for 18 years due to a deferment all my payments all go to interest none to principal, this will never end I feel like Im paying to a loan shark. And the amount they say is owed is ridiculously, absurd! Absolutely ridiculous practice i feel so dumb falling for it all and stuck with loans i can not pay for. The entire time I was lead to believe that my loans were still federally held. I had nelnet for years until my loan was sold again. I too have been misled about the Dept. I have a nelnet loan from 2008..i owe on. Unfortunately I have completely given up hope of ever repaying these loans. Please add me to your list. Because I was in hard times. Im on disability and Im not sure what happen to my loan one day it was 2800 then it 4800 I have two loan like that nelnet told me these were gov loan not a private loan. Ive been paying for years and the loan doesnt seem to move. I was hoping that I could use the time granted in the C.A.R.E.S. Case No. of ED/Nelnet. I have been using them since 1998 to the tune of 42k. I pay $602 per month yet my balance continues to rise instead of decline. Privacy Policy | Would like to be included in this action. In March 2021 they sent a 90 day late payment status to all 3 credit bureaus. Am I able to join this Lawsuit? The I have a Nelnet loan too, I didnt know it would not be eligible for loan forgiveness. And because I saw no other choice but to do a direct consolidation and being led to believe that was in my best interest, I saw no other choice but to chose a payment plan and my payment plan is based on my income rather than loan term. Please add me to this. Also of note during my entire time with Nelnet my balance never went down and actually went up, which they could never explain to me. End result graduated 1999 have paid out of pocket my lower payments over 25k and somehow my statement says I still owe 27,000 as of today 2021. I just went to go check when I saw this article. What can I do? My account begins with J and I too was mislead various times by NelNet. This was brought to my attention during Covid when accounts beginning with an E were getting a form of relief. I would like to speak to an attorney. I applied and qualified for income driven repayment and sent in IRS tax forms and what they asked for and they put me in forbearance/deferment. Nelnet provided me with a copy of the payment record from ACS that they had since ACS no longer existed for me to contact. Im certain I am a victim of Nelnets shady business practices. I have a student loan through nelnet for my son that I was told it would be in his name and it turned out it was a parent loan and Ive made monthly payments but the dept of education has taken my sons federal refund from him saying nelnet hasnt reported his payments, My son has Nelnet student loans I would like more information on this class action lawsuit I believe he has been missed lead. Then Nelnet sent me a letter telling me that they have my loans now. The whole process of student loans is deceitful, misleading and the hard working Americans in the country have to pay the price for these deceptive practices. I was speaking with a girl names Asia she told me about the IDR plan and also told me i could get the amout i would eventually owe and pay it then to pay it off. Please add me to the class Action lawsuit. The number is: (888) 538-7378. I would like included in this lawsuit they have taken thousands from me and doubled my amount owed.. Ive had student loans and still do through Nelnet they are crooks.. My loans were initially serviced by Nelnet. This applies to certain schools or educational service agencies that serve primarily low-income families. Also I have tried to explain that I dont have a job cause I lost it during the pandemic and it wasnt even related to the field I got my degree in. The interest they charge us can never be repaid. It used to be great lakes, and sallie mae. I applied for the PSLF and the Dept. My loans have tripled in the amount owed, when I took put the loans on 1994. Nelnet is shady and this company preys on people simply aiming to improve lives through education. For years, I took the path of least resistance and conflict by not pushing. They lied and said they were accredited University. I cant get anyone on the phone and my forbearance is ending soon and the repayment amount is way to high for me right now. Loans that began with the letter D, are which identified as being held by a bank or credit union. It has cost me thousands and thousands in interest. You can also call its customer service line at 888-538-7378 between 7 a.m. and 8 p.m. CDT, Monday through Friday. March 2021 they sent a 90 day late payment status to all 3 credit bureaus am a of! When they lead us to believe they were federal because I had nelnet until it was too late its service... 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