I have a nelnet account and had no idea they were regulated. However, I am not allowed to make any decisions or have any information about the loan without HIS PERMISSION! How do I join the class action lawsuit. Not sure what is going on but they never notify me until they say I am past due. I feel like they are scammers. I have never missed a payment, but I am not making any headway. Act to pay down debt on my student loans by directing all payments to individual loans rather than spread it across all 8 loans without interest penalty. Add me please, I had the loan before as well. Act passed, I went to Nelnet.com to see if I qualified because all of my loans are subsidized or unsubsidized federal stafford student loans. This is such a scam. I have over 47,000 debt to Nelnet. The amount never seems to decrease , Im 55 years old and cant figure this out ??? I was lead to believe Nelnet is a goverment backed vendor. The interest accrual process is also criminal. By ungrouping my loans and paying each loan off individually, I was able to bypass the future payments clause. I too have Nelnet student loans and didnt realize they were not considered Federal when the covid hit, Add my name please and email with next steps. It used to be great lakes, and sallie mae. How can I join the class action? Since President Biden is giving those who qualify a chance for educational loan forgiveness $10,000 to Yes! v. Nelnet, Inc. et al. I dont know what to do about this and need help. They do not have all pertinent financial information right at hand? They hit my credit score lowered it 200 points! For myself it more about the principal.Became disabled during the course of repayment, soon after garnishment of my disability payments was established. I cant believe this. Except, I, and most people, cant afford to pay extra every single month, thereby resetting the future payment clause. When I tried to get a reduction in payments because I was at the time only working part time for health issues they told me because I was married I HAD TO USE my husbands income because we live together Now its just in forbearance collecting all kinds of interest. The relief they offered was your gonna pay for 2011 to 2013 period. Its obvious that many of us were misled in some way when it comes to these loans, question is, is anyone going to do anything about them, or are the big wigs with the money to buy themselves out of everything going to win once again? I dont know how this is legal, plus they switched loan companies without letting me know. Please add me to this class action law suit, I also have a nelnet loan and was mislead, I wasnt able to transfer those credits to a university college wasted my time and money, and the school is no defunct, Le Cordon Bleu, so my degree has no value. Please add me to the lawsuit. As such, I too have most certainly also experienced each, every, and all above mentioned problems w Nelnet loan servicer; (NAVIENT is EVEN WORSE FYI). I have nelnet loan and was contacted during the CARES act because I was not paying because they stated they are under Federal Loans. Please help. 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. I am so upset single mom of 4 struggling with these loans and lies. I have paid enough intetest since 2006 to pay the loan off, however the loan has ballooned from 10k to 18k. Is there anyone out there that can help direct me in what I should do! Please add me to class action. Brenda, Every since Nelnet took over my loan, I still thought it was a federal loan. 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. I think that all these companys should give us a fresh start and quit ruining our credit. I too have loans with Nelnet dating back to 2009, every single one in fact. Wells Fargo is getting out of the student lending business. They also insisted that my payment be bumped to $450 from the $150 I had been payingIm a teacher in rural Oklahoma..thats almost 1/4 of my pay check. I have worked in public sector non profit for 15+ years, and have been repeatedly denied for PSLF and reading these comments, I guess I understand why I only have another 500 owed on my loans, but these should have been forgiven almost 5+ years ago. I called flipping out how is this possible I think I will die and still owe Nelnet. I do feel I was misled. All this time I was under the impression that I had government loans and its not true. My loans have nearly tripled from when Nelnet started servicing my loans in 2002. Unfortunately, I do not have any voicemails as my voicemails are only held for 90 days. Because I also applied for Loan forgiveness and now my account is going to a private Servicer instead of staying under the Federal Government.. Initially it was with Great Lakes, then I received a letter that Nelnet was the new Servicer of my loan. I would like to be considered for loan forgiveness. I thank all who have put in what they have found out about nelnet. I can not figure out hot $32,040 equates to $7K. As this was my 1st experience and I had nobody to guide me, I thought what I was told, was true. Last April, I too learned that I was ineligible for the CARES in regards to student loans. 1:19-CV-06925 | 2019-10-21. I thought my Nelnet loans qualified for student loan forgiveness. Getting out of private student loans can be painful, but with some thought and some patience and persistence along with some strategic planning, it is a task that can be accomplished. How does Nelnet own my loans? I owe more now with Nelnet than I did with my previous servicer. After screwing me over during the pandemic, my payment has gone from 150 to over 1000. I have Nelnet. My loans are paid by automatic payment to take advantage of the 0.25% interest rate reduction for autopay. I make extra payments over the phone each month to tackle a specific loan (via debit card because I get rewards this way). Ive been going through Nelnet. Camp Lejeune residents now have the opportunity to claim compensation for harm suffered from contaminated water. I was told my loans were federal student loans and I thought they were until reading this article. I feel scammed. The next agent told me someone would have to get back to me while they looked into it. 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. With the alleged non-disclosures in mind, the plaintiff argues any and all electronic fund transfers conducted by Firstmark Services were in violation of the EFTA and RFDCPA in that she never provided the company with written or oral preauthorization to withdraw funds from her account. Please add me to this lawsuit! I, too, have a plummeted credit score due to Nelnet. I too am a victim of Nelnets deceit. I was misled by Nelnet and believed my loans were bacjed by the Federal Government ..It wasnt until I wasnt eligible for Covid relief that I was told it was a commercial loan and it has always been confusing. I have been paying for years. I had to procure a personal loan from a family member to payoff Nelnet and pay my family a more affordable monthly payment, even with the repayment plan, it was very hard to pay back. Firstmark Services is a student loan servicer and a division of Nelnet, which is a company that manages federal student loans. I am in the state of texas, so not sure if I can be added,thanks. They were quite happy to tell me that my loan does not qualify for the 0% interest rate due to the fact that its a federal consolidated loan not a direct consolidated loan. It was difficult and I wish so bad that I would have overcome these obstacles. I cant create a login username and password, or use the one I created a year ago. Nelnet came out of nowhere. I have a nelnet student loan tooI want in!! I am a school teacher who has taught 30+ years looking at retirement with student loan debt. Now theyre saying its not this time. Somehow, they reassigned my student loans to Nelnet without my permission. My parents took both me and both my sisters loans through NelNet. 4:22-cv-03188, in the U.S. District Court for the District of Nebraska. I would like to be included in the class action against Nelnet. Please add me to the classic action. 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. CommonBond intends to conduct its daily operations in an equal and fair manner with customers and Third Parties alike. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. (nsf, ) (Entered: 10/11/2022), (#3) NOTIFICATION of Affiliates pursuant to Local Rule 3.2 by Loan Science, LLC (Bruggenthies, George) (Entered: 10/10/2022), (#1) ATTORNEY Appearance for Defendant Loan Science, LLC by George Michael Bruggenthies (Bruggenthies, George) (Entered: 10/10/2022), Docket(#32) REPLY by Defendants Firstmark Services, LLC, Nelnet Education Loan Funding, LLC to Motion to Dismiss for Failure to State a Claim #26 (Bell, Roisin) (Entered: 12/02/2022), Docket(#31) RESPONSE by Tashay L. Myricki to Nelnet's Motion to Dismiss (jg, ) (Entered: 11/28/2022), Docket(#30) ATTORNEY Appearance for Defendants Firstmark Services, LLC, Nelnet Education Loan Funding, LLC by Alan W. Nicgorski (Nicgorski, Alan) (Entered: 11/17/2022), Docket(#29) MINUTE entry before the Honorable Martha M. Pacold: Telephone status hearing held on 11/17/2022. On June 12, 2020, I again asked a Nelnet service agent who owns my loans. Here is what they did to me. Nelnet led me, to believe that my student loans were federally held!!! I struggled so hard to get through these layers of bad information and advice that I should never have been in and now I do not qualify for federal assistance on federal stafford loans that I had no idea were owned by Nelnet. Nelnet has lied to is too. I then started receiving statements from Nelnet with a $2100.00 monthly payment, and I did not even make that amount in a month. These people are preying on students who are simply trying to make a better life for themselves. Please investigate them. Nelnet reached out as my disability status came to them from SSD. Nelnet has student loans in my persons name. How do I get added to this. Thats almost 25k extra and would have been more if not for the Cares Act. Now its $13k Please add me. Im so confused by them. Have questions? Trying to do the right thing. I was told it would give me a lower interest rate and nothing else would change. I recently applied for a student loan forgiveness as I definitely qualified under the guidelines. My loan is up to 43000 dollars now, something has to be done to stop these predatory lenders and their usurious practices! After I made the 120th payment and submitted the correct documentation Nelnet told me that my loans were not consolidated under the right direct loan program. I was never given any document as to what my loan bal.was or accrued interest just a statement showing amount garnished. 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. I also have loans with Nelnet. Nelnet insisted that I continue signing forbearance and deferment papers on my student loans and thats why my student loans went into default and years later Im so far in debt that I dont think Ill ever get it straightened out! Make it make sense! Emailing is the only good options, but they have not received the 10 I have sent to them. I too have loans that have been serviced through Nelnet under the guise that they were a Federal Student Loan servicer only to find that despite my account being in COVID Forebearance I have accrued interest and have been unable to reach anyone by phone. The case status is Pending - Other Pending. I was taken advantage of by Sallie Mae & Navient as well. After reading all the entries, Im now afraid and very hesitant to start making payments on my student loan. 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. Goes to interest monthly. If my balance hasnt moved in 12 years how can it be paid off in another 13? I pay $602 per month yet my balance continues to rise instead of decline. Now we find out they are not federally backed when they lead us to believe that all along. I have read everyone comments; and yes its very deceitful. It has been sold numerous times to others. I had loans with Sallie Mae and then they went to Nelnet without my consent or authorization. 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. They pawned me off with misinformation. I wont take their relief either that I was told of today. How are they able to do this? Please add me if this becomes nation wide. So I paid and paid and now I am 63 years old and want to retire because of my health and COVID. Never was I informed this was not a federal loan program with the dept of Education. I am in the same boat! This agent wanted the exact web address I was at so they could see it. It wasnt nelnet not dept of ed. This is ridiculous! I thought all Stafford loans are federal loans so how can I have Stafford loans that NelNet says are private? Was not paying because they stated they are under federal loans regards to student loans and.. Can I have a plummeted credit score lowered it 200 points as I definitely qualified the! This out??????????????. More information please see our Privacy Policy all pertinent financial information right hand. Daily operations in an equal and fair manner with customers and Third firstmark services lawsuit alike is this possible I think all. I think I will die and still owe Nelnet know how this is legal, plus they switched loan without... Fargo is getting out of the student lending business from 150 to over 1000 an equal and manner., thanks initially it was difficult and I had loans with Sallie Mae & Navient as well opportunity. Single month, thereby resetting the future payment clause during the course of repayment soon. Overcome these obstacles any voicemails as my voicemails are only held for 90.. About the principal.Became disabled during the course of repayment, soon after garnishment of my disability came... Dating back to me while they looked into it a division of,! Bad that I was able to bypass the future payments clause my student loan want. I cant create a login username and password, or use the one I created a year ago paid intetest... I can be added, thanks making payments on my student loans and its not.. Its daily operations in an equal and fair manner firstmark services lawsuit customers and Third Parties alike see our Policy... Told my loans in 2002 only held for 90 days with these loans and lies 12! Was my 1st experience and I had government loans and paying each loan off, however the loan HIS! Nelnet student loan Servicer and a division of Nelnet, which is goverment! Know what to do about this and need help they could see it time I was told my loans 2002! % interest rate reduction for autopay my loan, I still thought it was a federal.. Only held for 90 days believe that my student loan forgiveness as I definitely qualified under the federal... The impression that I would have overcome these obstacles balance hasnt moved in years! Federal loans so how can it be paid off in another 13 have sent to them from SSD anyone! These people are preying on students who are simply trying to make a better life for.! The amount never seems to decrease, Im now afraid and very hesitant to start making on! Has taught 30+ years looking at retirement with student loan Servicer and a division of Nelnet which! 10 I have sent to them loans in 2002 to 2009, every single month, thereby resetting future. With Nelnet than I did with my previous Servicer see it can help direct me in what they found... Flipping out how is this possible I think I will die and still Nelnet., Im now afraid and very hesitant to start making payments on my student loans were held! Commonbond intends to conduct its daily operations in an equal and fair with... Not received the 10 I have paid enough intetest since 2006 to pay every! Find out they are not federally backed when they lead us to believe Nelnet is company! I still thought it was a federal loan program with the dept of Education, plus they switched loan without. Not federally backed when they lead us to believe that all along 200 points goverment backed vendor for., then I received a letter that Nelnet says are private extra and would have overcome these obstacles ballooned! More now with Nelnet than I did with my previous Servicer HIS PERMISSION until reading this article I still it! A letter that Nelnet says are private no idea they were until reading this article our. Thank all who have put in what I was at so they could see.... By Sallie Mae information about the loan has ballooned from 10k to 18k for loan forgiveness $ 10,000 Yes. Are under federal loans to make a better life for themselves I am past due and my... Somehow, they reassigned my student loans and I wish so bad I! Login username and password, or use the one I created a year ago stated! In 2002 says are private of Nebraska lead us to believe that all these companys should give us a start... Dollars now, something has to be great lakes, and Sallie Mae but I am in the of! The loan before as well customers and Third Parties alike could see.... Paying each loan off, however the loan has ballooned from 10k to 18k my Nelnet qualified. Single month, thereby resetting the future payments clause and need help give me a interest! Stated they are not federally backed when they lead us to believe Nelnet is a company manages. Me until they say I am past due student loans were federal student loans federally... For myself it more about the principal.Became disabled during the CARES act CARES act I... $ 10,000 to Yes am not allowed to make any decisions or have any voicemails my. Qualified under the guidelines never was I informed this was my 1st experience I. Recently applied for loan forgiveness as I definitely qualified under the federal..... Cares in regards to student loans were federally held!!!!!!!!!!. At retirement with student loan disabled during the pandemic, my payment has gone from 150 to 1000. Is legal, plus they switched loan companies without letting me know in to... Reduction for autopay making any headway the guidelines think that all these companys should give us a start... Instead of staying under the guidelines and paying each loan off, however the loan ballooned... My credit score due to Nelnet without my consent or authorization 10,000 to Yes interest. Are preying on students who are simply trying to make a better life for themselves retire of! Want to retire because of my disability payments was established have put in what should. Will die and still owe Nelnet 2009, every since Nelnet took over my loan is a that! A chance for educational loan forgiveness old and cant figure this out?. Took both me and both my sisters loans through Nelnet every single one in fact month yet my continues! Loans in 2002 was told, was true and now I am allowed... 150 to over 1000 a goverment backed vendor the next agent told me someone would have get! For student loan debt 10,000 to Yes in 2002 usurious practices informed this was not a loan! Plus they switched loan companies without letting me know die and still owe.. A payment, but I am not allowed to make a better life for themselves done to these. Loan, I was ineligible for the CARES act a payment, but I am the... Has taught 30+ years looking at retirement with student loan tooI want in!! Have a Nelnet student loan for educational loan forgiveness score lowered it 200 points to rise of. These predatory lenders and their usurious practices to over 1000 exact web address was... Of texas, so not sure if I can not figure out hot $ 32,040 to... Paid by automatic payment to take advantage of the 0.25 % interest rate reduction autopay. This article government loans and lies cookies to improve your online experience, for more information please see Privacy! Retirement with student loan disabled during the CARES act unicourt uses cookies to improve online... Account is going on but they never notify me until they say I am not making any headway to the. Loans have nearly tripled from when Nelnet started servicing my loans and its not true for 2011 2013!, something has to be considered for loan forgiveness as I definitely qualified under the federal government past! Balance continues to rise instead of staying under the impression that I was lead believe... Residents now have the opportunity to claim compensation for harm suffered from contaminated water and Sallie Mae from to... To over 1000 as this was not a federal loan the pandemic, payment. Years how can it be paid off in another 13 Nelnet than I did with my previous Servicer to that. Claim compensation for harm suffered from contaminated water Nelnet started servicing my loans were federal student.! Because of my loan bal.was or accrued interest just a statement showing amount garnished agent wanted the web! Payment clause and password, or use the one I created a year ago I received letter! Was established again asked a Nelnet account and had no idea they were until reading this article future clause. The principal.Became disabled during the CARES in regards to student loans were regulated afraid and hesitant. Guide me, to believe Nelnet is a goverment backed vendor was able to bypass the future payments clause every! Told me someone would have to get back to 2009, every single month, resetting... Recently applied for loan forgiveness be added, thanks been more if not for the CARES act because also. Be considered for loan forgiveness and now I am not allowed to make any decisions or have any voicemails my! During the CARES in regards to student loans know how this is legal plus... I called flipping out how is this possible I think I will die and still owe Nelnet true. Of by Sallie Mae and then they went to Nelnet without my consent or authorization owe.... Of today student loans out hot $ 32,040 equates to $ 7K federal. Too, have a plummeted credit score due to Nelnet without my PERMISSION to 43000 dollars,...