I have a Nelnet Loan, and have told them I could not afford their monthly payment. What can I do. I signed parent plus loans for 3 children, and took out a student loan for my wife. I have never missed a payment, but I am not making any headway. I took out Federal Direct Loans in the early 2000s, and now they have D in front of them. My student loan is with Nelnet. I would like to be included in the lawsuit also. I dont know how they aquired my loan. I would also like to be involved in the lawsuit. Thank you, I have 42,000 in student loan debt from Nelnet. I thank all who have put in what they have found out about nelnet. Please contact me asap about this situation. There is no way I will ever be able to pay it off. Please add me if this becomes nation wide. Found this today and just now learning that they arent affiliated with the Department of Education, even though it is stated in different places that they are a federal loan servicer. I need to trace back how did I end up at Nelnet. However, my loan servicer firstmark is telling me that I still have to pay a 1000 dollars a month for December and January. hwang in yeop wife. This program forgives up to $17,500 of student loan principal and interest for those who teach full time for five consecutive, complete academic years. Alleged violations of both Californias Rosenthal Fair Debt Collection Practices Act (RFDCPA) and the federal Electronic Funds Transfer Act (EFTA) are at the center of a proposed class action case filed against Firstmark Services. Please add me to the class Action lawsuit. Add me I have Parent Plus loans from 2016. It was covered for first Cares Act because of COVID as far as I knew. It says nowhere in the letter about private lenders. I was also under the assumption that this was a federal loan. My loans started in 2009 and have tripled. I too was a Pell grant recipient for my undergrad years. These last two years are the first time Ive had financial security. The case status is Pending - Other Pending. Key considerations during the transfer. I have nelnet as my student loan servicer but was led to believe they were under the department of education . They were originally Sallie Mae and a few years ago got switched to Nelnet. According to a lawsuit, Firstmark Services failed to provide the plaintiff essential information on certain rights pertaining to electronic funds transfers. I was forced to take a TPD Discharge. Now how hard could it possibly be for the very agents of Nelnet to find the correct information that they own these loans? Nelnet mow claims they are not federal loans my master promissory notes say otherwise! Idk who these people are even and they cant give me specifics about my loan, ie original amount, what year, what college, etc, they just say it was from delta management. I made a mistake in my choice of degree because it is useless in my home region which I wish to remain and live. Same. How can we learn more? I tried talking to them and told them to never mind and put it back where it was, but they said they could not do that. I was confused and felt like I had no real options. PLEASE HELP, I too am being raped by Nelnet. I have Nelnet. I would like to be included as well. This is now the fourth month in a row that I have to call them and complain about the way they have applied my loan payments. drug injury lawsuits and product liability lawsuits. What I see after the payment . Arlet Dale says: October 7, 2022 at 4:00 am. Please I ve spoken to people in different departments at Nelnet but Ive never gotten any results or sympathy for my lose of funds or higher monthly payments. Yes Nelnet and the prior services of my loans all misrepresented their positions with the federal government and there fore 120 payments added up to 0 relief. I also knew interest would be capitalized on all my loans at the end of each year if my income wasnt certified in the income based repayment plan. NelNet is horrible. Prior to this, I had a good pushing excellent credit score. Since President Biden is giving those who qualify a chance for educational loan forgiveness $10,000 to I need help ! I cant believe this. Are there any current lawsuits about the misrepresentations? Beside that it says the loan was disbursed in 07, 5 years after Ive graduated. They do not have all pertinent financial information right at hand? I have Also fell victim to believing my loans were backed by the federal government to find out that nelnet misled me back around 2006 into a private loan backed by the federal government that I literally have paid nothing but interest and have not been eligible for any of the covid relief or help. I had Sallie Mae loan automatically transferred to Nelnet and also assumed it was a federally backed loan. My principal balance is now approx $28. My loans were held, for a time, by ACS/ Xerox, then Nelnet. Why am I not eligible for any public service relief or other pending relief when Ive paid my bills religiously for 25-years? I call and am never allowed to speak to any type of supervisor. Please feel free to contact me about this matter : Gutiervd27@gmail.com Enough is enough & these companies shouldnt get away with their greed!! I have nelnet student loans from when I attended the now defunct ITT (technical institute).. His Signature! Nelnet contacted me and said that I have to set up an account with them to start paying my student loan off. I was limited because other than the local library, I did not have internet at home between 2011 and July 2019. . How did my federal loan become private? Never heard of them but suddenly they were my student loan provider. Why havent they shut down nelnet!! Years later the interest keeps accruing. Is this why they also bought my consolidated loan from Sally Mae and separated them into 9 different loans, causing my credit score to drop 100 points? Add me to the class action too. I never got a job in my field and i have small children so i havent been back to work in a few years. This consent form is eligible for filing only if executed by all parties. I had to pay all through the pandemic and thats not fair!! I was also told when I refinanced with them that I would be eligible for the Teacher Loan Forgiveness. I was also misled to believe I needed to consolidate my loans. I would greatly appreciate any information that could be provided that I could gain access to or create my own class action lawsuit. Private loan borrowers should submit complaints to the Consumer Financial Protection Bureau. Please investigate them. They were in three groups based on type and interest rate. I have a loan with Nelnet too. Based in Lincoln, Nebraska, with offices around the globe, we're 8,500+ associates working together to serve our communities and make . Went through bankruptcy in October and of course there is no relief from student loans there either. I also have loans with Nelnet. I am experiencing the same issue with my nelnet loans. Click Accept if you consent. I was led to believe that my loans were backed by the US department of Education. I borrowed the money to pay it. I have 2 loans I got through citizens bank and they were sent to firstmark. Please add me to the list of claimants. I would love to be in law suit. Some time ago, I was told by nelnet my loans do not qualify for the cares act interest rate freeze. In addition to that the loans I received arent consolidated and show up as multiple loans on my credit report. How do I join the class action lawsuit? I might have even moved real U.S. DOE loans over that can now be forgiven. My fiance is also having problems with nelnet in 2015 he contacted senator Tammy Baldwin office for help. I dont know how I would ever be able to pay this off at 56 years old. I just read this article. For myself it more about the principal.Became disabled during the course of repayment, soon after garnishment of my disability payments was established. I never consolidated all my loans to Nelnet, so I do not know how they got them. I have a nelnet loan and for the past 15 plus years have paid the same amount every month on the same day all the time reviewing my payment history I have discovered that some months they keep more interest and apply less towards the principal. I have been paying Nelnet for YEARS and the balance NEVER goes down. Give us a call. I used my savings to pay off two of the 8 stafford loans I had. Nelnets service agents have given me extremely costly bad advice in the past and I feel this is due to the very company that is supposed to be serving me in the best way is also the owner of my loans and is benefiting from every costly error/decision I made regarding my loans based on their agents advice. The balance hasnt dropped a bit. I was led to believe my student loan was federally backed. Count me in!! Screen grabs show they received my payments, but then nothing went toward anything as stated above. I currently owe close to $57,000. I, too thought my loans were Fed. Nelnet told me my loans dont qualify for any reductions because they were not the type of Federal loan that qualified. I started out with direct loans and FFEL loans and nelnet took over. Id like more information on their operations as well. I ended up having to redo my loans as direct loans with Fed Loan Servicing. Even I was under the impression my loans were backed by the federal government. Its like being raped over and over every month. Please include me in this. I was under the same impression that my student loans were federal loans. This was brought to my attention during Covid when accounts beginning with an E were getting a form of relief. (nsf, ) (Entered: 10/11/2022), DocketCLERK'S NOTICE: Pursuant to Local Rule 73.1(b), a United States Magistrate Judge of this court is available to conduct all proceedings in this civil action. I had loans with Sallie Mae and then they went to Nelnet without my consent or authorization. Because Im really hoping that this is being pursued, too many people were taken advantage of and mislead. I have loans subsidized and unsubsidized loans with them. But they cannot or will not tell me when they took over the loan, how they came to own my loans, and why I was never informed of the change. They told me that Nelnet could take them back on bc of the miscommunication as I had proof and they refused. To day supervisor Alex tells me faxing it is not a good option as it dont go to their department. Finally last year in 2019 I contacted Fed Student Loan, and was told about the PSLF had to be through them and I had lost those years (7) toward the PSLF, I was lied to by Nelnet. However, when I eventually called to verify this, they corrected me and made me aware that was just a payment for them to keep my loans deferred. Once I told them I was still attending college and could do that myself, they quickly allowed me to close my account with them without penalty. The entire student loan process is a sham to benefit the lobbyist of colleges and higher education. Decide which cookies you want to allow. I want to join the lawsuit. During Covid, I was shocked to learn that NelNet was not federal loans, and I am searching for a relevant class action lawsuit. Very dishonest company. I also would like to be in on this lawsuit. I feel cheated. My loans are paid by automatic payment to take advantage of the 0.25% interest rate reduction for autopay. Who is holding them accountable? I called Nelnet about the Cares Act. There are many reasons for this. Official Publications from the U.S. Government Publishing Office. And my daughter has one that is supposed to threw the federal loan finding out its with Nel net. How do I find out what is going on with this? You can also call its customer service line at 888-538-7378 between 7 a.m. and 8 p.m. CDT, Monday through Friday. Teacher Loan Forgiveness. I, like many others are currently employed due to the pandemic and I have . They are listed on the edu.gov site when considering consolidation. 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. Im so confused. Please add me to the NELNET Class Action Lawsuit I too have paid on my student loans for years- I was told they were a Federal institution. Then the Dept of education told me I still cannot get the loans forgiven because I must start over with making so many payments before I can receive the loan forgiveness. Led to believe it was federally backed. I was a teacher in a low-income area and teaching special education for 7 years when I start requesting an application for service/ teacher loan forgiveness program. You can refer to the studentaid.gov website for additional information. They say I have 13 years left to pay! I hope they are penalized and loans forgiven. I just recently had a company offer to move my loans to the Department of Education which would get me away from Nelnet but starts my loan forgiveness time over to 10 years How is this racket legal?? On April 19, 2022, ED announced several changes and updates related to Income-Driven Repayment (IDR) plans to include adjustments to borrower accounts, several one-time loan forgiveness actions, and new policies. I would like to join. Scared to death we will default, have wages garnishment, have the Florida and US DOE after us. Im certain I am a victim of Nelnets shady business practices. My last name starts with D but Im not from Florida. I have no idea what to do. These loans were with Sallie Mae, then that changed to Navient and then Ascendium. I dont see anyway to ever pay back $80K, without support and transparency. I was told if I did that, I couldnt qualify for any forgiveness for a minimum of 10 years. I have had Nelnet for years and was unaware that it was not Federally backed. I never got a job in the field I went to the college for which was a junior college and is now defunct. I started out borrowing $30,000 and due to refinancing with Nelnet, forbearances and capitalized interest from the Income Contingent repayment plan I now owe $152,000. Same here! My husband and I are both on Social Security Disability. I kept paying to try to lower the principle balance. I always thought they were Dept. I noticed double loans on my credit report and started questioning it on my report. They shut down a couple of months after my graduation. I have no idea how to prove that their repayment amounts are not what I should have to pay !! Why is a company that manages student loans helping with these circumstances to discharge? Everything online told me I could make payments on interest and principle if I wanted to. Im with you. 05 then another of. However, Nelnet still owes me the money I paid in. Nelnet took over my loans, which I did not consent to. Please reach out to me via email b/c what is being claimed in this lawsuit is exactly what Nelnet has done to me as well. Nelnet still has my account active. (Attachments: #1 Outline for the Initial Joint Status Report) (rao, ) (Entered: 10/13/2022), DocketMAILED copy of the Clerk's Notice entry along with the Joint Consent Form to plaintiff. Nelnet wants $24000.00 from me and Ive paid like 5 grand 3X on what was originally a $4400.00 loan from salliemae. I am on a IBR plan which is only paying interest.. Please help get stimulus released. Sort. I to have student loan through nelnet and have heard the recording about being associated with the federal government, how do I get rid of this bs debt, add me please. They are predatory lenders and should be stopped. At no point did [the plaintiff] provide [her] consent to [the defendant] to allow [the defendant] to unilaterally debit money from [the plaintiffs] account, the suit charges. Also concerned about the breach of confidential information. We're a service company specializing in consumer finance, telecommunications, and K-12 and higher education. I do confess to feeling resentment that I am not included in those receiving relief on student loans right now because I have only just risen above poverty for the first time in my 39 years. My loans are federal student loans nelnet purchased. This stopped me from applying for debt collection student loan agencies bc I thought I wouldnt get hired. Can I be a part of this? Loans that began with the letter D, are which identified as being held by a bank or credit union. In 2001 I sold my account to Nelnet (their Servicers were not discussed). I am currently in deferment due to coronavirus but have seen interest accruing on that loan since I established it. I would like to be added to this suit. I have inquired about this multiple times with very discouraging responses basically telling me there is nothing in an do. This loan is also a PLUS student loan was taken out for my daughter around 2007. I would like to be included with the class action lawsuit. Please respond with options so that I can take action against them. Good Luck. There never a difference in the balance but a increase in interest. I also have Nelnet! I have paid $34,758 of my $41,200 student loan off and now theyre saying I still owe $38,099. I understand that I should have researched harder and sooner. Thats almost the same thing that happened to me. of ED/Nelnet. Please add me I thought my helmet loans were federally backed as well. I was told they are private loans now. All of you guys, you have a right to know who exactly owns your loans. Meanwhile, a once minor loan from 2001 has not decreased one bit in spite of my paying more than minimum every month. I tell the rep what Im reading and she confirms that I have a commercial loan. Im so confused by them. Cheri. I have loans with Nelnet that Ive had for years. I would love to join the law suit. Finally able to refinance through them down to 2 loans (sub and unsub) after a couple of years paying at least 7 different percentage rates with no assistance rectifying. As a teacher since 2002, whenever I asked about PSLF, I was only told by Nelnet reps that I didnt qualify because I hadnt paid enough months, NOT that I had the wrong type of loan. Unfortunately I have completely given up hope of ever repaying these loans. Ridiculous. They dont give you an option. "You literally cannot help people," Anne . I recently applied for a student loan forgiveness as I definitely qualified under the guidelines. Add me also to the lawsuit! Firstmark Services PO Box 2977 Omaha, NE 68103-2977: Correspondence: Firstmark Services PO Box 82522 Lincoln, NE 68501-2522 Fax: 1.866.258.9222: Overnight: Firstmark Services 121 S. 13th St., Suite 201 Lincoln, NE 68508: Toll-free: 1(888) 538-7378 : Hours Of Operation: . Similar situation. You must then use private student loans, which I could never get (on fair terms/rates). I am waiting on a response from them so they can tell my why my J loans dont qualify. I found out my loans were not federal when I inquired about the COVID-19 relief. If you're a Firstmark Services customer, you can contact it by email at customer.service@firstmarkservices.com. 10 Im in VABeach, Va.. please add /or direct me, I called Nelnet years ago to get help in addressing loans repayment during a difficult time. Lights, water, Gas, and Rent Just to name a few. I just found out my consolidated Federal Loan under Nelnet (completed some 18 years ago) was a privately held loan under a federal name.
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