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: 3119556

Date Received: 2019-01-08

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: This company violated 15 USC 1681 by failing to report complete and accurate information to credit reporting bureaus.

Company Response:

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-01-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3118224

Date Received: 2019-01-07

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: XXXX managing XXXX student loan XXXX reported delinquencies on XX/XX/XXXX, XX/XX/XXXX, XX/XX/XXXX and XX/XX/XXXX This loan is in deferment as student is back in school fulltime and has been in deferment since XX/XX/XXXX.

Company Response:

State: MN

Zip: 554XX

Submitted Via: Web

Date Sent: 2019-01-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3118110

Date Received: 2019-01-07

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: I am filing a complaint against Dept of Ed/Nelnet with the CFPB, I am compelled to demand that you provide communication exclusively through a printed letter on the status of ownership and how was the account assigned to your office. I request that you send me the proper proof that what you are reporting is true, or if you can not, to immediately remove it from my credit report. In the event that you can not verify the item pursuant to the FCRA, and you continue to list the disputed item on my credit report I will find it necessary to sue you for improper reporting of information to the credit bureaus regarding my credit history, actual defamation damages and declaratory relief under the FCRA. According to this regulation, I may sue you in any qualified state or federal court, including small claims court in my area. Please deleted all this debt off my credit report.

Company Response:

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-01-08

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3118102

Date Received: 2019-01-07

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: I am filing a complaint against XXXX XXXX XXXX with the CFPB, I am compelled to demand that you provide communication exclusively through a printed letter on the status of ownership and how was the account assigned to your office. I request that you send me the proper proof that what you are reporting is true, or if you can not, to immediately remove it from my credit report. In the event that you can not verify the item pursuant to the FCRA, and you continue to list the disputed item on my credit report I will find it necessary to sue you for improper reporting of information to the credit bureaus regarding my credit history, actual defamation damages and declaratory relief under the FCRA. According to this regulation, I may sue you in any qualified state or federal court, including small claims court in my area. Please deleted all this debt off my credit report.

Company Response:

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-01-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3118083

Date Received: 2019-01-07

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: XXXX XXXX XXXX has violated 15 USC 1681 by failing to report complete and accurate information to credit reporting bureaus.

Company Response:

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-01-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3117545

Date Received: 2019-01-05

Issue: Struggling to repay your loan

Subissue: Problem lowering your monthly payments

Consumer Complaint: I applied on Studentloan.gov for an income-based payment plan on XX/XX/XXXX. I received an email from Nelnet on XX/XX/XXXX indicating they received my application for income-based repayment plan from Studentloan.gov. I am still waiting to hear from Nelnet. They already got access to the IRS for my XX/XX/XXXX tax return. Why are they dragging their feet? At present, the current monthly payment is {$2100.00} per month. I can not afford that. If Nelnet refuses the modification of my payment, I will be forced into default. During XX/XX/XXXX, my income was reduced because my full-time employment ended ( see attached ). I attached my last paystubs for XX/XX/XXXX as well.

Company Response:

State: NC

Zip: 27215

Submitted Via: Web

Date Sent: 2019-01-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3117285

Date Received: 2019-01-05

Issue: Dealing with your lender or servicer

Subissue: Received bad information about your loan

Consumer Complaint: On XX/XX/XXXX, I called Nelnet to speak with them regarding my student loans that are entering repayment later this month. I explained that I was on an income based repayment plan, but was still unable to afford the payment as calculated. I further explained that I did not want to put the loan in forebearance because I was able to pay something towards the loans, just not the full payment as calculated. XXXX, the customer service representative that I was speaking with attempted to see if I qualified for a deferment. I explained that I did not. XXXX explained that my only other alternative was to put my loans in forebearance. I explained that this didnt make sense and asked if there was any alternative between paying the full amount, which I can not do, and forebearance. XXXX stated there wasnt. I asked what would happen when I ran out of forebearance, stating that there must be some alternative between making an impossible payment and default. XXXX stated there wasnt. I further clarifed that there must be someone in the organization with the authority to offer an alternative in that case and that was the person I wanted to talk to. XXXX then transferred me to XXXX. I explained my situation to XXXX. She again stated that if I could not make my payment and did not qualify for deferment my only option was forebearance. I explained that I only had a year of forebearance left and asked what would happen after that year if I still could not afford my payment. She stated my only option would be to consolidate and then I would get an additional 36 months of forebearance. I disagreed, stating that it didnt make sense that someone willing to pay, but unable to do so had no other alternatives then to keep their loans perpetually in forebearance. I further clarifed that there must be a way to negotiate a feasible payment based on my specific circumstances. Only then did XXXX inform me of the option of the Alternative Payment Plan. After XXXX sent over the information for the Alternative Repayment Plan, I asked whether every customer service representative was aware of this option or was that knowledge limited to supervisors. XXXX stated that all were aware. I clarified then that when XXXX told me I had no other alternatives besides forebearance that was in fact untrue and that the kind of repayment plan I was requesting did exist, was not exceptional, and only required one piece of paper to initiate. I further explained that I had serious concerns with how the situation was handled because I was given misinformation and only given correct information after pushing and pushing and pushing. XXXX stated she would retrain XXXX. It is my belief that this is not a training issue. They are intentionally withholding this option from borrowers and only making it known to people who make a fuss. I say this because XXXX gave me the same misinformation XXXX did and only offered the Alternative Repayment Plan when I kept pushing and didnt accept the answer that forebearance was my only option. There are many similarly situated borrowers that would have accepted XXXX and XXXX first answer, never knowing that exactly what they need was an available option that was merely being withheld from them.

Company Response:

State: MD

Zip: 20708

Submitted Via: Web

Date Sent: 2019-01-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3116008

Date Received: 2019-01-03

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: Dept of Ed/Nelnet violated 15 USC 1681 by failing to report complete and accurate information to credit reporting bureaus.

Company Response:

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-01-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3115349

Date Received: 2019-01-03

Issue: Incorrect information on your report

Subissue: Old information reappears or never goes away

Consumer Complaint: NELNET IS A STUDENT LOAN COMPANY. THEY ARE REPORTING THE SAME DUPLICATE ACCOUNT ON MY CREDIT REPORT OVER 10 TIMES. I ONLY HAVE ONE ACCOUNT WITH THEM BUT THEY ARE REPORTING THE SAME ACCOUNT OVER 10 TIMES.

Company Response:

State: GA

Zip: 30519

Submitted Via: Web

Date Sent: 2019-01-03

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3115187

Date Received: 2019-01-03

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: Nelnet Loan Services has violated 15 USC 1681 by failing to report complete and accurate information to credit reporting bureaus.

Company Response:

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-01-03

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.