Something needs to be done. I signed parent plus loans for 3 children, and took out a student loan for my wife. They have changed me almost 12k in interest. If a consumer disputes a tradeline to the My loan is at nelnet. I am paying 1250/month and its all interest. Initial Complaint. Nelnet has been reported for fraudulent behavior more than once now. I have had Nelnet for years and was unaware that it was not Federally backed. At one time, Great Lakes was also reporting. Myself included. It says nowhere in the letter about private lenders. Thats almost the same thing that happened to me. I also thought mine were federal loans until covid hit and quickly found out they are not. To assist consumers in combatting the widespread misreporting, the FCRA provides consumers with a right to dispute inaccurate items on credit reports but the system is flawed. I want to join the lawsuit. Its not fair that we dont have the same option of loan forgiveness as others, especially when we when were mislead. Isnt that a FSL? Totally aggravated with the whole concept. I was surprised. Navient, one of the largest student loan servicers in the country, announced Thursday it has reached a $1.85 billion settlement with . 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. I did the IBR on the government site any they ignore the submitted financial docs. Same as everyone else. This loan is also a PLUS student loan was taken out for my daughter around 2007. I was told I could have them forgiven under the lawsuit filed by the students in the lawsuit against ITT Tech but since Nelnet is carrying my loans I dont qualify for forgiveness under the federal government since these loans were never federally funded so I was told to apply for forgiveness by the dept of education to nelnet my case which I did on 9/29/2021 and is still under review, I have loans with Nelnet that came here from Sallie May. The loans were deferred twice without my permission and the interest since 2016 is through the roof!!! When did this change with Nelnet? I would like to be added y to o the case. I have been on income based since it came out and now even though I made less the past 2 years they say that I do not qualify. Please Please Please help me. Nelnet is not a federal loan? If you're a Firstmark Services customer, you can contact it by email at customer.service@firstmarkservices.com. I found out upon calling Nelnet to inquire about the Covid relief that my loans were not. I am a single mother of 2 children. Case Details Parties Documents Dockets . If you need additional information, you can call Firstmark at 888-538-7378 from 7 a.m. to 8 p.m. Central, Monday through Friday or email customer.service@firstmarkservices.com. The parties are directed to file all future pleadings under case 22-cv-5545, and the court will administratively close 22-cv-5602. My fiance is also having problems with nelnet in 2015 he contacted senator Tammy Baldwin office for help. I have a Federal student loan that was sold to Nelnet. (nsf, ) (Entered: 10/11/2022), CLERK'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 found out last year my loans were not or no longer are federal loans when I tried to get assistance because rising health insurance premiums and family medical bills pinched my budget too much to afford to pay any longer. I was with Moehela then Great Lakes and Now Nelnet. What do you subjects I do, should I go with the 3rd party or just pay Nelnet high amount money every month that I cant afford to pay? Wells Fargo is getting out of the student lending business. It wasnt until this year that I realized differently. Read more here: Camp Lejeune Lawsuit Claims. Really sad that Nelnet has been deceptive and misleading and has done this for years with no oversight. I have NelNet Loans but I was advised by someone to consolidate all my loans. Count me in if there is a lawsuit. Or Call Today: (888) 301-0584. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. My portion of tuition has been long paid off and my ex has not and will not pay. Nelnet wants verbiage that SSD does not use as in total and permanent. Plus they allowed a breach of personal information to occur. Need Help With Student Loans? I understand that I should have researched harder and sooner. Nelnet denied me the application saying that I did not meet the qualifications for the program due to the years I received my loans. Firstmark also provides servicing for Brazos Loans originated through this website. This is such a scam. I too have been misled by nelnet as my loans were federally funded and they consolidated them advising still federal I still owe over $20,000 been paying for 18 years .. I would also like to be in the lawsuit list, I have been using Nelnet to pay my student loan and I cant log in for couple months and they stopped sending monthly statement(?) How can Nebraska be included in this class action lawsuit? It wasnt nelnet not dept of ed. What are the steps to have the loans removed? Ive been arguing with these people for 3 months and have saved the emails and documents if the transfer of this loan and the amounts due. I need to trace back how did I end up at Nelnet. WTH is going on? They took over loans without asking permission and have never disclosed that they arent federal. Nelnet has student loans in my persons name. I would like to be included a party in the class action. Loans that began with the letter D, are which identified as being held by a bank or credit union. Nelnet took over 25 years of student loans. Please add me to the class action lawsuit with Nelnet. How do I join the class action lawsuit? On everything including my credit report it shows Department of Education/Nelnet. Now its 12/2022 and my count is only at 62. I could only defer payment while accruing interest. For instance, Wells Fargo exited the student loan business in 2021, and all existing loans were transferred to Firstmark Services. 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. The added interest increased my loans by over 25%. I cannot get to my account on their website. They will not remove it from my credit history. Nelnet lied and I accrued twenty thousand dollars in needles interest. Can I be a part of this? I was also told that Netnet was a company hired to handle Federal Student Loans on behalf of the Department of Education. I have two loans with them. What probabilities I have to be in this law suit. I have been mislead also because I thought I still had a federal education loan. Seems like were wasting our time even here. I had no idea!! Please add me to the class action lawsuit against NelNet. I took out Federal Direct Loans in the early 2000s, and now they have D in front of them. 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 have received several phone calls from them stating they were from the dept of education. 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 hope they are penalized and loans forgiven. The loans were owned privately by a bank, credit union or other lender but not the federal government. I too thought that my loans was Fed. I can not figure out hot $32,040 equates to $7K. If all parties consent to have the currently assigned United States Magistrate Judge conduct all proceedings in this case, including trial, the entry of final judgment, and all post-trial proceedings, all parties must sign their names on the attached #Consent To# form. The financial aid dpt of the school I attended, pushed the maximum amount of the loans on me. Have held loans with them for 20 years, still 35,000 left to go. I am very much interested in being part of this class action suit due to misrepresentation bc when I contacted them to try and resolve the issue originally and after filing my Chapter 7 bankruptcy they talked circles around me telling me this and that. These were government backed loans. When I applied to have my loans forgiven I was told that they were not the right kind of loans? It saddens me to know that education gives false hope to success and leaves one to be oppressed. 8 p.m., Central. These last two years are the first time Ive had financial security. Im with Nelnet and have a D on my account. Shouldnt we have to fill out an application and order for our loan to be transferred to a private company? Add me I didnt know still Covid 19 this Federay funded loan . And my daughter has one that is supposed to threw the federal loan finding out its with Nel net. This is ridiculous and nelnet needs to be stopped. I have a Nelnet loan and believe my interest was misallocated. But if I am I have nelnet and also thought they were a part of the government. We have been divorced over 18 years and they will not, nor never let us separate our loans to pay. Before commenting, please review our comment policy. They all lead you on please contact me at monicaconway69@gmail.com, They also left me a voicemail with which the one u said how it started out..i got that voicemail, Yes and I thought they were federal loans. Customers can call the loan servicer at 888-538-7378, Monday through Friday from 7 a.m. to 8 p.m. CT or email at Customer.Service@FirstmarkServices.com. This practice of selling off loans to different servicers happened with other loans and over many years it is a true nightmare to keep track of but I do think I have some original documents. It seems as if the decision for the forgiveness is going to happen and your account is being transferred over so that you will continue to pay the loan, especially if youre halfway decent in your amount. I dont remember ever being given any choice about who I wanted to have service my loans. ), 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 WAS UNDER THE IMPRESSION FOR MANY YEARS THAT THESE WERE FEDERAL STUDENT LOANS. I have tried to explain them what happen with my loan. I also took a lower payment option. I have been with Nelnet since 2011 and i thought they were backed by federal student loans. I too have loans with Nelnet dating back to 2009, every single one in fact. Ive paid thousands and thousands with no end in sight. The payment therefore is being paid by him which is making him responsible. I was also under the assumption they were federally funded loan. How was I to know that they were scamming me out of something I earned?! I had a call this morning stating that my government based student loans are in default. I owe 50,000 Navient needs to erase my loans I have been fighting my loans for a long time. I even bought my first modest home to escape soaring rent rates. I thank all who have put in what they have found out about nelnet. I didnt find out until the CARES act as well! The defendant supposedly obtained for collection the plaintiffs account from Great Lakes sometime prior to late May 2018. There is no end in sight. That is my burden to pay for. Since President Biden is giving those who qualify a chance for educational loan forgiveness $10,000 to My loans are with nelnet. Have questions? And my school closed and became a different school and they dont even handle the transcripts anymore so when I try to get my transcript from an outside source I had to pay for it and then when I received it it was completely wrong. 40. I applied at this time for student loan debit relief. I tried for several years. I also have a nelnet account. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, Loans started as federal then were transferred to Nelnet. Both my husband and I had/have loans with Nelnet. I currently have my student loans, $18,123.71 worth, through Dept. Anne was one of those impacted associates, and leading up to her layoff, she was working in Firstmark Services, a private student-loan division of Nelnet. Theres over 300 comments here, yet theres been no update. Check the complaint history, rating and reviews on this company. I was misled too. 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. 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. I applied for FAFSA federal student loan at the college I was attending. I am 62, still working although not in good physical health and still owe over $20,000 on school loans. Company profile page for Firstmark Services LLC including stock price, company news, press releases, executives, board members, and contact information Was with Moehela then Great Lakes sometime prior to late May 2018 out its with net. Not in good physical health and still owe over $ 20,000 on school loans i even bought my modest. Back to 2009, every single one in fact them stating they were a part the. 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