Like many here I am also found this out during covid. They were still reporting and adding interest to my accounts. Nelnet has been scamming me for years now. (ak, ) (Entered: 10/11/2022), (#2) NOTICE of Removal from Circuit Court of Cook County, case number (2022-M1-117796) filed by Loan Science, LLC Filing fee $ 402, receipt number AILNDC-19926556. I thought I had federal loans and after I completed forms for loan forgiveness, Nelnet said I didnt qualify because they were private loans?! Wait, my loan wasnt backed by the federal government? When I requested this from a service agent I was told no I couldnt do that because I was in the income based repayment program. Please add me! I received an email from the dept of education saying recertification for income based repayment was NOT DUE until January 2022 and Nelnet has completely disregarded this and is trying to increase my payment by $900 a month. I didnt know until 5 or 6 years ago that Nelnet now had the loans as we have moved so often. I also have a student loan with Nelnet, I didnt know I could not find employment for the field I was studying with a back ground of mine until I was almost finished with school. Located Lincoln, Nebraska, on 11/6/2017, the Better Business Bureau has give Firsmark a "B+" rating. It was covered for first Cares Act because of COVID as far as I knew. Each month my loan does not get lower because of how they decide to apply interest and principal. And I was told Nelnet was part of Govenment Direct Student loans. My amount due has trippled over the years for mistakes in regards to forbearance and IDR. Is there a way for those of us that have loans through them to be added to the case, because it looks like they lied to all of us. involved the drop in credit scores after Great Lakes reported the student loans it services as in deferment. All my loans were obtained through the Fed Dept of Ed. At this point, I dont even know when I consolidated, as I have been in repayment for more than 20 years. lansum eldorado possession date. Please add me to the NELNET Class Action Lawsuit I too have paid on my student loans for years- I was told they were a Federal institution. Firstmark Credit Union is committed to education. They are trying to collect now and they are telling me its not a gov loan. This is a classic case of conflict of interest. Yup going thru the same nonsense. I have NelNet Loans but I was advised by someone to consolidate all my loans. According to a lawsuit, Firstmark Services failed to provide the plaintiff essential information on certain rights pertaining to electronic funds transfers. I wasn't notified. I too have loans with Nelnet dating back to 2009, every single one in fact. If this is not a Federal loan anymore, does it still fall under the Federal student loan bankruptcy laws? How do I find out what is going on with this? I am about to get my attorney friend to file a class action lawsuit against nelnet in Missouri. This stopped me from applying for debt collection student loan agencies bc I thought I wouldnt get hired. Its not fair. I am a nelnet student loan borrower. I have been paying Nelnet The monthly payment and interest rate were outlandish. I cant create a login username and password, or use the one I created a year ago. Years later the interest keeps accruing. I also didnt know once consolidating, I was locked into the high interest rate and would not be able to consolidate again. I never chose to have my loan sold in the private market. I was led to believe that Nelnet was federally funded and because of my disabilities, I would be eligible for loan forgiveness through them, I recently a letter now stating Im not qualified cause of my loan. I did not consent to my loans being transmuted to non-Federal. However, I am not allowed to make any decisions or have any information about the loan without HIS PERMISSION! My loans are paid by automatic payment to take advantage of the 0.25% interest rate reduction for autopay. Please help. Ive been paying for years and the loan doesnt seem to move. Im in shock! End result graduated 1999 have paid out of pocket my lower payments over 25k and somehow my statement says I still owe 27,000 as of today 2021. I live in Minnesota and have Nelnet for student loans. 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. Brings up a lot of distress knowing I am still paying off student loan debt for over 30 years. $20, 000, I am hoping I can still qualify by consolidating to a direct loan before the deadline of Oct. 31. Harassing me for payment when on deferment. I was lead to believe via my financial advisor at my school and Nelnet that my loan was through the U.S. Department of Education, basically a federal student loan. It should be illegal to mislead people that way and also they determine your dispensable income not by your bills but by a national medium which again how does that work for someone who lives in a very high cost of living state? Please include me in this lawsuit. I have also received calls from Nelnet representatives identifying themselves as federal student loan representatives. They say they have no records of my payments to ACS. How do I get added to this. These loans were with Sallie Mae, then that changed to Navient and then Ascendium. Have questions? Am I able to join this Lawsuit? Firstmark Services is rated with a BBB rating from Business Consumer Alliance as of 2/1/2023. There is no end in sight. I too have been misled about the Dept. I have Nelnet too, I though that FEDLOAN had them since Nelnet was being active as of Dec 2020 but when I went to do FEDLOAN acct I see that there are no loans to see. Also concerned about the breach of confidential information. I would like to join class action as I have not been able to take advantage of any relief because of nelnet. (nsf, ) (Entered: 10/11/2022), CLERK'S NOTICE: Pursuant to Local Rule 73.1(b), a United States Magistrate Judge of this court is available to conduct all proceedings in this civil action. They have misrepresented themselves to me as well. Ive been complaining about my loan with Nelnet for years. Nelnet consolidated my loans and led me to believe that I was under the correct repayment plan for PSLF. I owe 50,000 Navient needs to erase my loans I have been fighting my loans for a long time. I borrowed from Nelnet student loans. I am in the state of Texas, I sure I am not alone. If my balance hasnt moved in 12 years how can it be paid off in another 13? It has been a federal loan for 20 years. Based in Lincoln, Nebraska, with offices around the globe, we're 8,500+ associates working together to serve our communities and make . I too was a Pell grant recipient for my undergrad years. NOT ONE PENNY went toward Principle balance. I am over this how do you get rid of Everest college loans. How do I join this class action law suit? I was put on hold and then transferred. I want in on the lawsuit. Count me in!! Ive been arguing with these people for 3 months and have saved the emails and documents if the transfer of this loan and the amounts due. That says a lot as to how the payments are used towards interest first and then principal. It was there that I discovered my federal stafford loans were considered private because they were issued through a private lender prior to 2008. add me to the lawsuit. They are listed on the edu.gov site when considering consolidation. We are trying to by a house and all of these number changes are making it very difficult to move forward. These people are preying on students who are simply trying to make a better life for themselves. Status: Resolved. I was hoping that I could use the time granted in the C.A.R.E.S. Even though my loans are Stafford loans I am not eligible because it is a private loan now I never agreed to this refinancing! Count me in if there is a lawsuit. I would like to join and be updated about this situation. Case Number : 1:22-CV-05545. But are not. 8:20-cv-02135-MSS-TGW, . I have been paying on these loans for more than 20 years. Also tried to get in an idr plan and was misled into a payment that was twice what I pay now. Im not sure what to do. I have Nelnet. However, this can result in some functions no longer being available. Good morning, I just responded to a phone call from Nelnet in Michigan (thinking it was federally funded), and when I noticed something strange on my bill (even after paying through COVID) I did some further research, my classification was J, yes banked owned! Please download the PDF to view it: Download PDF. Please add me to the class action lawsuit with Nelnet. I have tried to explain them what happen with my loan. I was misled by Nelnet.I was led to believe that my loans were backed by the federal government and It is not. My daughter and I have been denied housing, among other necessities due to my credit and these loans. I was assured they were reviewing my request for relief of debt since all medical doctors agreed I would never work again due to my condition. Im not sure if I even get the loan dismissal now. Eight Years ago, when I started working for the state, I contacted Nelnet about my loans they said were government loans, and inquired about doing a PSLF , I was told I could not get on that program, I did not qualify. We're a service company specializing in consumer finance, telecommunications, and K-12 and higher education. Please add me to this lawsuit. I owe more now with Nelnet than I did with my previous servicer. And now it doesnt qualify for cares act? I had no idea when I was solicited to consolidate that it was a private lender and I would loose eligibility for government programs. I am from Indiana & my original Student loans have been bought from other companies or changed company names 4 times. 25 years of loans, I have a loan with Nelnet and I am having a hell of a time in reaching them online for my taxes. The agent told me my loans were owned by Ascendia GLHEC. Email: customer.service@firstmarkservices.com. I dont understand how they are servicing my federal loans if they are private. As this was my 1st experience and I had nobody to guide me, I thought what I was told, was true. I took out loans through Sallie May in 1994-1997. Unfortunately I have completely given up hope of ever repaying these loans. They have been charging me throughout the pandemic. Not sure how they got a hold of part of it. I thought that they were Department of Education. That report describes the growing privately-held debt as an amount greater than the payday loan market and the total outstanding balance of past-due medical debt., Nelnet Class Action Lawsuit Says Student Loan Borrowers Are Misled, Abbott baby formula recall lawsuit investigation, American Tuna false advertising class action lawsuit investigation, Essential: Remember your cookie permission setting, Essential: Gather information you input into a contact forms, newsletter and other forms across all pages, Essential: Keep track of what you input in a shopping cart, Essential: Authenticate that you are logged into your user account, Essential: Remember language version you selected, Functionality: Remember social media settings, Functionality: Remember selected region and country, Analytics: Keep track of your visited pages and interaction taken, Analytics: Keep track about your location and region based on your IP number, Analytics: Keep track of the time spent on each page, Analytics: Increase the data quality of the statistics functions, Advertising: Tailor information and advertising to your interests based on e.g. But a couple weeks later nelnet continues to harass me I dont know what to believe I need help Im in cleveland ohio thank you. She put me on hold and on return told me in an uncomfortable tone that we own your loans. I said, we, as in Nelnet? And she replied, yes, Nelnet owns your loans.. My loan amount is much smaller than those who proceed my comment. I still have an open account with them. I also have been making payments for many years. My loan was also transferred without my knowledge. I currently owe close to $57,000. If all parties consent to have the currently assigned United States Magistrate Judge conduct all proceedings in this case, including trial, the entry of final judgment, and all post-trial proceedings, all parties must sign their names on the attached #Consent To# form. I told her I knew that was wrong and to give me to someone else. The startup today announced that it raised $18.9 million in Series B funding led by Ankona Capital with participation from Access Venture Partners, Next Frontier Capital, Operator Partners and FirstMark Capital -- bringing its total raised to $32.4 million. Now out of nowhere Nelnet says my balance is $83K and I am paying $491 a month. I make extra payments over the phone each month to tackle a specific loan (via debit card because I get rewards this way). My ex-husband and I have comaker loans and they are highly predatory. I received a letter from nelnet stating that it was time to pay my loans back. Please add me to the class action lawsuit against NelNet. I have nelnet loans. Vultures. I would like to be included in the class action against Nelnet. You can change these settings at any time. Same here. I just found out today about Nelnet being a private loan servicer. With all the scams these days, I just ignored. Firstmark Services now has my loan that they say I made in 2005 with Nelnet of $5000 is now $11000!!!!! 48 likes. They never disclosed that to me. The entire time I was lead to believe that my loans were still federally held. I just emailed Nelnet, I saw where my J loans will not be considered for debt relief and I wonder why, they have always been able for me to be on the income programs due to lack of income and now E and J are showing a zero balance due because I filled out for another deferment due to not being able to pay. 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. How was I to know that they were scamming me out of something I earned?! They also without my knowledge or permission merged a few of my loans, as I have never consolidated. Now all of a sudden nelnet has it and my balance went back up by $5000.00 in one month!!! 8:21-CV-01979 | 2021-08-05, U.S. District Courts | Finance | The entire student loan process is a sham to benefit the lobbyist of colleges and higher education. I am an attorney in California with Nelnet loans that I thought were federally-backed. You can refer to the studentaid.gov website for additional information. Please add me as wellThank you. Any loans serviced by Firstmark Services are private loans which are not included in the Federal government's forgiveness package. They told me that I dont qualify. I never got a job in the field I went to the college for which was a junior college and is now defunct. They Had my loans deferred re COVID but now they are not. On top of that they have charged me triple on one with interest. Which I obtained through a predatory University. I have no idea. I have Nelnet and this is getting ridiculous. Cancellation and Refund Policy, Privacy Policy, and Nelnet still has my account active. This case was filed in U.S. District Courts, Illinois Northern District Court. I can be added as well. But Ive come to learn that my FFELP does not qualify for any of the perks, which seems to have been switch over to Federal Direct loans in 2010, two years after my loan. I have loans with Nelnet that Ive had for years. My payments continue and I wont be eligible for the federal loan forgiveness. jmstevenson@gmail.com. Big question is why are these service agents either undereducated or directly told to give misinformation? I had it with this Student Loan servicer and if anything I want to sue them by being a part of this class action suit. I think its wrong. I told them that other teachers had received the service/ teacher loan forgiveness who taken out their loan the same year I did. My loans are federal student loans nelnet purchased. 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. 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