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: 4008824

Date Received: 2020-12-14

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: failed to verify and validate all data for this account, every notation, dates and balances. This account needs to be removed IMMEDIATELY via FCRA section 611.

Company Response:

State: MD

Zip: 21215

Submitted Via: Web

Date Sent: 2020-12-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4008087

Date Received: 2020-12-13

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: There is no way that these companies investigated this student loan. The same information continues to report on my credit. I honestly don't believe I was late and I don't agree with the total balance that they are reporting on my credit. It continues to report several inaccuracies among the 3 credit reporting agencies from the last student loan company. How is that possible? For example, Each bureau reports that I was late on a different date Also, Hows it possible that youve reported me 90 days late with no late payments prior to that? Wasn't XXXX sued by Cfpb before for not applying payments to consumers accounts correctly?

Company Response:

State: MA

Zip: 02467

Submitted Via: Web

Date Sent: 2020-12-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4005765

Date Received: 2020-12-11

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: The amounts are not correct loans were closed and sold and no validation of the loans are being provided as requested. Charges are tripled from orginal debt.

Company Response: Company believes it acted appropriately as authorized by contract or law

State: NC

Zip: 28117

Submitted Via: Web

Date Sent: 2020-12-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4005470

Date Received: 2020-12-11

Issue: Dealing with your lender or servicer

Subissue: Keep getting calls about your loan

Consumer Complaint: I represent XXXX XXXX, who is currently in litigation with the US treasury. We have sent multiple cease and desist letters and told Nelnet to stop contacting XXXX while we prepare a complaint against them for a host of consumer protection violations. They began calling again on XX/XX/2020 2020

Company Response:

State: GA

Zip: 30263

Submitted Via: Web

Date Sent: 2020-12-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4005254

Date Received: 2020-12-11

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

Subissue: Problem with personal statement of dispute

Consumer Complaint: I have a Fed Student loan that is serviced by Nelnet I was a good payor and then due to employment reasons went into forbearance for 3 months - I waited too long to contact Nelnet to extend the forbearance and they reported I was late with payment. Because I did not consolidate the student loans there were 8 separate loans all listed as late. Because of this my credit score plummeted and now I am unable to get an apartment car lease or anything else. Help. Why should my life be ruined because of one late payment. Thats all it was was one late payment that has even affected my employment. Please help me as I am hopeless at this point.

Company Response:

State: IL

Zip: 60610

Submitted Via: Web

Date Sent: 2020-12-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4001236

Date Received: 2020-12-09

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 see multiple 90-120 days late marks which is a clear violation of my right under the FCRA. The company has never responded to any of my attempts to obtain any proof or documentation that will prove this account is being reported accurately.

Company Response:

State: MA

Zip: 02132

Submitted Via: Web

Date Sent: 2020-12-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4001235

Date Received: 2020-12-09

Issue: Written notification about debt

Subissue: Didn't receive enough information to verify debt

Consumer Complaint: Requested debt validation remains unanswered

Company Response:

State: AZ

Zip: 85041

Submitted Via: Web

Date Sent: 2020-12-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3998234

Date Received: 2020-12-08

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

Subissue: Was not notified of investigation status or results

Consumer Complaint: I see multiple 30-60 days late marks which is a clear violation of my right under the FCRA. The company has never responded to any of my attempts to obtain any proof or documentation that will prove this account is being reported accurately.

Company Response:

State: MA

Zip: 02301

Submitted Via: Web

Date Sent: 2020-12-08

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3997006

Date Received: 2020-12-07

Issue: Dealing with your lender or servicer

Subissue: Trouble with how payments are being handled

Consumer Complaint: My student loan servicing is through Nelnet. I was a graduate student from XX/XX/XXXX to XX/XX/XXXX. Interest accrued on my loans while I was in school. I was in post-grad forbearance until XX/XX/XXXX. COVID forbearance is currently active and started in XXXX. At no point in time have I been in repayment status. Nelnet moved my loans from post-grad forbearance, to repayment status for 1 day, and then into COVID forbearance in XXXX and capitalized {$2200.00} in interest at that time. I never received a letter letting me know about the status change to repayment and interest being capitalized.

Company Response:

State: MN

Zip: 55408

Submitted Via: Web

Date Sent: 2020-12-07

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3996105

Date Received: 2020-12-07

Issue: Dealing with your lender or servicer

Subissue: Problem with customer service

Consumer Complaint: Sent via email to XXXX on XX/XX/2020 at XXXX XXXX, my post discharge monitoring form. I want to make sure that it is processed and also need to confirm what year that I am in for the monitoring period. I have attached a copy of the completed form to this complaint.

Company Response:

State: NJ

Zip: 08859

Submitted Via: Web

Date Sent: 2020-12-07

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.