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: 6174796

Date Received: 2022-11-07

Issue: Struggling to repay your loan

Subissue: Problem lowering your monthly payments

Consumer Complaint: I recently applied for a repayment plan for my Direct Loans serviced by Nelnet. On the application, which must be done through the Federal Student Aid website, I was given the option to opt for the lowest payment plan regardless of applying for an IDR ( income driven repayment plan ). I live by myself, pay all of my bills on my own, and have another XXXX in student loans with another loan servicer. In addition, I pay XXXX USD to the IRS. I asked Nelnet to look at another repayment plan or lower my monthly payment which begins next XXXX, but they have failed to respond back to me.

Company Response:

State: SC

Zip: 29406

Submitted Via: Web

Date Sent: 2022-11-07

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6173608

Date Received: 2022-11-08

Issue: Dealing with your lender or servicer

Subissue: Received bad information about your loan

Consumer Complaint: The original total on the Joint Consolidation Student Loan promissory note shows : $ XXXX $ XXXX $ XXXX $ XXXX $ XXXX {$58000.00} total. However, in an email I recently received from Nelnet with an account summary there is a different ( higher ) amount showing under the original loan amounts that shows : $ XXXX $ XXXX {$65.00}, XXXX There is a discrepency in the original amount on the promissory note and Nelnet 's original amount. When I called Nelnet, the customer service agent said it was due to interest, but interest should not affect the original amount. I am attaching the original promissory note and Nelnet 's account summary.

Company Response:

State: CA

Zip: 93455

Submitted Via: Web

Date Sent: 2022-11-08

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6171076

Date Received: 2022-11-06

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: The credit reporting agencies have refused to comply with laws set forth by the FCRA. The agencies are not doing a complete investigation into the obvious problems in question disputed by me the consumer. They willfully continue to furnish incorrect student loan information reported by Nelnet on my credit report. Such false information being furnished has caused me to lose out on countless opportunities to advance myself and my children to the next level. The agencies are furnishing transactions and experiences that the credit agencies never got my written approval to furnish. Nelnet has been reporting my account incorrectly as open and it has been closed and transferred to a new servicer. They are also reporting experiences and transactions in the form of inaccurate late payments. Please delete this entire account from my credit file. I have never authorized credit agencies to furnish any of my personal transactions with Nelnet. 15 U.S.C 1681 Section 604 A Section 2 states a consumer reporting agency can not furnish an account without my written instruction.15 U.S.C 1681 section 602 A. states I have the right to privacy. If the situation is not remedied I will be filing a lawsuit.

Company Response:

State: LA

Zip: 701XX

Submitted Via: Web

Date Sent: 2022-11-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6170500

Date Received: 2022-11-05

Issue: Fraud or scam

Subissue:

Consumer Complaint: Nelnet processed payment of my Federal Student loan money to someone elses bank account and refuses to Initiate charge back but instead says the school have to do so. When contacting XXXX XXXX XXXX they have sent me multiple emails that states Nelnet has to do the reversal since they did the deposit. Nelnet is allowing me to be defrauded of XXXX and change.

Company Response:

State: VA

Zip: 24541

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6169866

Date Received: 2022-11-05

Issue: Incorrect information on your report

Subissue: Old information reappears or never goes away

Consumer Complaint: My account was recently discharged XXXX XXXX XXXX still showing its open on my credit report. I tried to have a disputed and remove from my credit report

Company Response:

State: TX

Zip: 75067

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6169829

Date Received: 2022-11-05

Issue: Incorrect information on your report

Subissue: Old information reappears or never goes away

Consumer Complaint: My account was recently discharged XXXX XXXX XXXX still showing its open on my credit report. I tried to have a disputed and remove from my credit report

Company Response:

State: TX

Zip: 75067

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6169826

Date Received: 2022-11-05

Issue: Incorrect information on your report

Subissue: Old information reappears or never goes away

Consumer Complaint: My account was recently discharged XXXX XXXX XXXX still showing its open on my credit report. I tried to have a disputed and remove from my credit report

Company Response:

State: TX

Zip: 75067

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6169735

Date Received: 2022-11-05

Issue: Incorrect information on your report

Subissue: Old information reappears or never goes away

Consumer Complaint: My account was recently discharged XXXX XXXX XXXX still showing its open on my credit report. I tried to have a disputed and remove from my credit report

Company Response:

State: TX

Zip: 75067

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6169501

Date Received: 2022-11-05

Issue: Dealing with your lender or servicer

Subissue: Received bad information about your loan

Consumer Complaint: I filed an Income-Driven Repayment Plans on studentaid.gov for Nelnet and linked my IRS tax information per requested. I also printed a PDF files application along with IRS transcript tax information on Nelnet 's webpage. Nelnet emailed asking for proof of incomes and I have provided W2 and IRS transcript on their website and emailed. Nelnet send a physical letter saying they need the most income information such as paystub and W2 or transcript is not a proof of income. Now my account is on hold and I'm force to make the payment that is not under Income-Driven Repayment Plans. Nelnet is very misleading in their languages and requirements for additional proof of incomes. Other lenders such as XXXX and XXXX accept tax transcripts, W2 as proof of income. According to the studentaid.gov website, these documents from Internal Revenue Services itself and W2 is a proof of incomes. Nelnet is misleading their lenders and making the process for Income-Driven Repayment Plan confusing and complicated in what consider proof of incomes. This should be a standard practice like any other lenders as well as federal governments.

Company Response:

State: CA

Zip: 92614

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6169473

Date Received: 2022-11-07

Issue: Threatened to contact someone or share information improperly

Subissue: Talked to a third-party about your debt

Consumer Complaint: I am being taken advantage of by XXXX, XXXX, and XXXX. These three companies are violating my rights given to me by the FCRA ( Fair Credit Reporting App ). I DID NOT give them permission to access my NON PUBLIC PERSONAL INFORMATION nor did I CONSENT for them to furnish anything on my consumers report/credit. According to 15 USC 1681 ( b ) ( 2 ) my permission is needed for ANY PERSON to access or furnish anything on my consumer report! Yet once again that permission was not granted by me. Not only are inquires being reported without due cause, but my rights to privacy has been infringed upon due to these fraudulent and inaccurate reporting. I have a right to privacy according to 15 USC 1681 ( a ) ( 4 ). I demand that each and every item I disputing to be removed. There is no way any person can validate fraudulent activity! I have paid every single month on time but have yet to receive a respond to have this garnished off my 3 reports. Due to my identity being used without my consent this is basically theft as defined by 18 USC 1028 ( a )! Please remove all request as soon as possible. Thank you!

Company Response:

State: PA

Zip: 19124

Submitted Via: Web

Date Sent: 2022-11-07

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.