NELNET, INC.


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"Products" offered by NELNET, INC. with at least one, but usually more complaints:

Checking or savings account - Checking account
Consumer Loan - Installment loan
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Credit card debt
Debt collection - Federal student loan
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Medical debt
Debt collection - Non-federal student loan
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan debt
Debt collection - Private student loan debt
Debt or credit management - Debt settlement
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Virtual currency
Mortgage - Conventional home mortgage
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other mortgage
Other financial service - Debt settlement
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Payday loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Personal line of credit
Student loan - Federal student loan servicing
Student loan - Non-federal student loan
Student loan - Private student loan
Vehicle loan or lease - Loan

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Complaint ID: 6600803

Date Received: 2023-02-22

Issue: Dealing with your lender or servicer

Subissue: Received bad information about your loan

Consumer Complaint: Nelnet has been continue to compact interest in my student loans since Covid 19 freeze on student loan payments and put me default without any documentation are attempts to allow enter income driven repayment plan.Since president Biden pause on student loans and student loan forgiveness the continence to charge me interest on my student loans.No one with federally-held loans has had to pay a single dollar in loan payments since President Biden took office. I want to know why they keep charging me interest reported my loans in default. I called to try get loans out of the default status I was told they weren't my loan servicer and then told Income driven plan If cancel my borrower defense application.I told unethical and illegal. US Dept Edu verified they are student loan servicer they never responded to my emails or phone calls.

Company Response:

State: CA

Zip: XXXXX

Submitted Via: Web

Date Sent: 2023-02-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6598530

Date Received: 2023-02-21

Issue: Attempts to collect debt not owed

Subissue: Debt was result of identity theft

Consumer Complaint: Im a victim of identity theft I have no knowledge of these delinquient accounts! None of these companies listed on my credit report have my written consent to use my informtion. By the provisins of the FCRA Act and per the standard of reporting compliance implemented with the CRSA enacted XXXX XXXX XXXX Compliance regulations, I have the right to a fair and accurate credit report and you are required to remove any information that is not true, accurate, compliant and verifiable. I demaned that the above mentioned derogatory items be investigated and permanantly removed from my report!

Company Response:

State: IL

Zip: 60637

Submitted Via: Web

Date Sent: 2023-02-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6598359

Date Received: 2023-02-21

Issue: Dealing with your lender or servicer

Subissue: Problem with customer service

Consumer Complaint: Firstmark Services has blocked my phone number and will not respond to my emails after asking for a settlement. I called them 32 times where they hung up on me every time. I found out today that they blocked both my e-mail address and phone number. I have no way of getting in contact with them and don't know how to proceed with the settlement offer or even how to pay them. I would like to be able to call them to talk about my settlement.

Company Response:

State: OR

Zip: 972XX

Submitted Via: Web

Date Sent: 2023-02-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6598125

Date Received: 2023-02-21

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: The Department of Education/Nelnet is reporting that I was 90 days late in XX/XX/2020. All other history shows on time. This is logically impossible that I could be current in XX/XX/2020 and then all of a sudden be 90 days late.

Company Response:

State: CA

Zip: 90046

Submitted Via: Web

Date Sent: 2023-02-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6597522

Date Received: 2023-02-21

Issue: Problem with a credit reporting company's investigation into an existing problem

Subissue: Their investigation did not fix an error on your report

Consumer Complaint: I tried disputing a fraudulent account not just opened up by someone else but also reporting incorrect information. According to the Fair Credit Reporting Act, Section 609 ( a ) ( 1 ) ( A ), you are required by federal law to verify, through the physical verification of the original signed consumer contract, any and all accounts that you post on a credit report. Otherwise anyone paying for your reporting services could fax, mail or email in a fraudulent account. To get technical, re-aging is an illegal act due to FCRA Section 623 ( 5 ) ( A ). This law states : In general. A person who furnishes information to a consumer reporting agency regarding a delinquent account being placed for collection, charged to profit or loss, or subjected to any similar action shall, not later than 90 days after furnishing the information, notify the agency of the date of delinquency on the account, which shall be the month and year of the commencement of the delinquency on the account that immediately preceded the action.

Company Response:

State: FL

Zip: 33712

Submitted Via: Web

Date Sent: 2023-02-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6592659

Date Received: 2023-02-20

Issue: Getting a loan

Subissue: Fraudulent loan

Consumer Complaint: In 2010, I went to college. I was able to get a loan with XXXX XXXX student loan with a co-signer. However, they lied about the student loan. They also hid high interest rates/ fees and the amount of money I have to pay back. I was XXXX! years old, lived in a inner city community and all I wanted to do was go to college. I took a XXXX loan and now I owe XXXX? I have been paying this loan for over 11 years ; I paid my loan through the pandemic and I still owe a lot. I tired so many times to refinance/ co-signer release ; but i was denied. I am trap in this loan ; XXXX XXXX purposely targeted me ; because I was unaware of all the fees. Also, they stated I will receive XXXX percent off if I graduate ( XXXX ). I still havent seen it. I currently have XXXX XXXX XXXX.

Company Response:

State: CT

Zip: 06708

Submitted Via: Web

Date Sent: 2023-02-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6591499

Date Received: 2023-02-19

Issue: Dealing with your lender or servicer

Subissue: Trouble with how payments are being handled

Consumer Complaint: Can not determine if the loan is federal or private because its a scam. Receiving constant fraudulent mailers seeking to collect a non-existent loan. Alleges I co-signed a loan for a fictional XXXX XXXX XXXX. The mailer lists my name as XXXX XXXX XXXX, which is not my correct middle initial or last name. Never heard of this person who probably doesnt exist. Tried calling the telephone number provided on all the fraudulent mailers and it just goes to a disconnected line. Either XXXX is a fraudster, incompetent, or someone is running a scam in their name. Either way, this is nonsense and these harassing fraudulent mailers need to stop.

Company Response:

State: CT

Zip: 06484

Submitted Via: Web

Date Sent: 2023-02-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6591322

Date Received: 2023-02-19

Issue: Struggling to repay your loan

Subissue: Problem lowering your monthly payments

Consumer Complaint: Regards, This letter is addressed to a complaint to the loan company Nelnet which I have XXXX loans. This company has been charging me interest since 2021, after Biden imposed the Waiver for student loans. When I contacted Nelnet they informed me that I had to pay the interest because my loans did not qualify for the Biden waiver, it was very strange because it was the only one that charged me interest. Today it is the only one that requires me to pay my loans monthly and accrues interest. I make this complaint to have my account audited because they are violating a tax waiver. In addition, this violation is one of the things that affects many students since it makes the debt unpayable because the interest is compounded and cumulative, how many students should have an accumulation of additional debt due to this situation. Loan : XXXXXXXX XXXX XXXX : Principal Balance : {$3900.00} XXXX XXXX XXXX Principal Balance : {$1500.00} XXXX XXXX : Principal Balance : {$12000.00} XXXX XXXX XXXX Principal Balance : {$6300.00}

Company Response:

State: PR

Zip: 007XX

Submitted Via: Web

Date Sent: 2023-02-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6589287

Date Received: 2023-02-18

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: Nelnet no longer services my student loans and that is reflected on my account information on their website, but the credit bureaus keep reporting it even though I've disputed it several times. The new government student loan servicer is XXXX with a total debt of {$140000.00}. The old Nelnet account is part of this. They need to remove the {$63000.00} Nelnet account. I have documents from my Nelnet account to prove this. The credit bureaus should be able to access this information.

Company Response:

State: SC

Zip: 29505

Submitted Via: Web

Date Sent: 2023-02-18

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6585696

Date Received: 2023-02-17

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: US Dept Of Education Loan I have been a victim of identity theft In accordance with the Fair Credit Reporting act XXXX Account ( XXXX XXXX XXXXXXXX ) has violated my rights. 15 U.S.C 1681 Section 602 A. States I have the right to privacy. 15 U.S.C 1681 Section 604 A Section 2 : It also states a consumer reporting agency can not furnish a account without my written instructions.

Company Response:

State: IN

Zip: 46410

Submitted Via: Web

Date Sent: 2023-02-17

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.