I thought it was a us owned loan but they are not telling me the history of my loan. How do I get onto this? The plaintiffs in the case say representatives from Nelnet misled them to believe their Nelnet loans were backed by the federal government but in fact were not. Firstmark Services Solutions . My husband was misled into believing his loans were backed by the government and didnt find out otherwise until Covid! Add me to the class action too. Defendant Nelnet Education Loan Funding, Inc. (Nelnet) was directed (at the hearing) to refile the attorney appearances, Motion to Dismiss, and Memorandum in Support under case 22-cv-5545 by 11/18/2022 (and on review of the docket after today's hearing, Nelnet has done so). I really would like an attorney to contact me, I also am a victim of their predatory lending in which in fact I paid my loans they were taking my income taxes and I asked my current educators to not use them and they subsequently ended up in their hands. And, I still have no idea why they werent included in my Chapter 7?! Case No. Federal consolidation should be a federal consolidation. Absolutely ridiculous practice i feel so dumb falling for it all and stuck with loans i can not pay for. If theres some way to take these fs down, I am in. Where did all the money I paid to Nelnet go? 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. Ankona Capital led the round and was joined by FirstMark . I would like to be added to this lawsuit But I live in Virginia. 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. I WAS THEN TOLD MY LOANS DO NOT QUALIFY BECAUSE THEY ARE NOT FEDERAL LOANS. I was misled too. Both my husband and I had/have loans with Nelnet. Please correct! I signed parent plus loans for 3 children, and took out a student loan for my wife. The clerk is directed to add Ms. Myrick's email address to the docket as follows: Myrick_tashay@yahoo.com. 8 p.m., Central. My husband and I are both educators and now dont qualify for the educator loan forgiveness because it is not a direct spousal consolidation. That being said, my loan balance today is still more than what I initially borrowed. Have questions? Why? The monthly payment and interest rate were outlandish. Please add me to the lawsuit. Same boat my initial loan was for 14k. I live in Punta Gorda, Florida, so I hope I can be included in this class-action lawsuit. They were all sold to Nelnet. Im with all these people!!!! The loans were deferred twice without my permission and the interest since 2016 is through the roof!!! 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. I have 2 Nelnet loans. Have questions? I might want to be added to this class action lawsuit. They were originally Sallie Mae and a few years ago got switched to Nelnet. Whether you are successful or not against this predatory, clearly rigged system, I wish you luck. NelNet considers the federal consolidation a D loan and therefore do not qualify for CARES Act deferred interest or forgiveness. Wells Fargo paused mortgage payments for some customers without asking. I remember them consolidating my loans and then the amount doubled. 10 Im in VABeach, Va.. please add /or direct me, I called Nelnet years ago to get help in addressing loans repayment during a difficult time. This is Nelnets fault. Please help. I have a Nelnet Acct. I had my loan set up for automatic withdrawal for years, called to inquire about the public service loan forgiveness after working in a Title 1 school for ten years and was informed I didnt qualify because they had set my payment up to be 17 days late*(not actually late and no fees attached but according to their fine print it couldnt be more that 15 days late) I didnt pick the date, they did. I also have Nelnet student loans. Please add me as I thought this loan was apart of federal government. I also have been misled & have struggled with understanding the discrepancies between Nelnet and federal student loans. . I too need to be added because NelNet has put soo many Department of Education loans on my credit and I cant even log into my account and when I even try it tells me to call and when I call Im on hold for a minimum 1 hour for someone to tell me that they will send me a letter and when I get the letter to call them and I have been going back and forth for 7 yrs now so please add me to this class action lawsuit! I have been using them since 1998 to the tune of 42k. Box 82522, Lincoln, NE 68501-2522; Fax: 866.258.9222. Citizens Bank customers interested in the three-month forbearance period should contact Firstmark Services, a private student loan servicer, at 1-866-259-3767. The loans were owned privately by a bank, credit union or other lender but not the federal government. same here. I submitted my TEPSLF paperwork again 11/2021 to studentaid.gov, which their rep. confirmed as being received 01/2022 but nothing was done with that paperwork and no counts updated or even showed. Please investigate them. Even as a health care worker I could not benefit from the no interest payments because my loans were consolidated. They did that to me for over 7 years until I realize they were not the department of Education. Thinking they were part of the federal government. I am a service connected veteran who recently began receiving ssdi. Box 82522. Im not getting anywhere making payments. I received phone calls in FL & TX about this company. Nelnet gave me a one year forbearance. Unlike Nelnet, Firstmark services only private student loans . They state that they only collect up to 10% of your dispensable income but then charge $500.00 dollars a month. Navient shows as delinquent and Nelnet as being paid on time. Each month my loan does not get lower because of how they decide to apply interest and principal. He would like to be a part of this class action lawsuit. A pathetic sham. Same as everyone else. When I did this, I discovered all my money going towards future payments. All my payments have gone only to interest. my child misses my ex boyfriend. Need loan forgiveness since they are private. Same here! Read more here: Camp Lejeune Lawsuit Claims. I was told that my Nelnet Loan was a Government Backed Loan when I signed up but when I tried to do a deferment they told me that the interest would keep adding up because the COVID help was only for government loans and I didnt have one. What incentive do they have to do right by me? I also took a lower payment option. Because it was a complete scam and my eyes. This is a game to get you to just give up and pay the loans that by right I should not have to pay, insured federal student loans under the disability guidelines. A borrower, whose account was paid in full, filed a complaint with the BBB stating, "I have contacted Firstmark every 2-3 business days since the college paid off the balance, and I am continually told they are working on closing the account. Im certain I am a victim of Nelnets shady business practices. Please respond with options so that I can take action against them. had no idea this was not a federally held student loan until Covid. I learned otherwise today! Also, I found out during the CARES pause, that I wasnt eligible for the loan payment and interest pause. Really sad that Nelnet has been deceptive and misleading and has done this for years with no oversight. Sign me up and please help me. We were chartered in 1932, giving us the honor of being the oldest state-chartered credit union in San Antonio, Texas! How does this happen without my approval? Instead, Im clouded, overwhelmed and misled by Nelnets high interest rates and unaffordable payment plans. Also concerned about the breach of confidential information. I have a Nelnet loan that enforces itself as a federally financed servicer and will never come off my credit report. I also was under the impression that they were a federally backed loan servicer. I had a call this morning stating that my government based student loans are in default. I am in the state of texas, so not sure if I can be added,thanks. Thank you! This countries education system is BS. I too was under the impression my loans were backed by the federal government. My payments continue and I wont be eligible for the federal loan forgiveness. The added interest increased my loans by over 25%. Went through bankruptcy in October and of course there is no relief from student loans there either. Add my name please and tell me the next steps. They start with a D. They used to be Sallie Mae and then Great Lakes. Ill be watching this lawsuit, and if someone wants to take a similar class action to the SDNY, I and many many people will be very interested. They enrolled me in nelnet, then with the cares act I have been paying anyway because I dont want to default again so now youre telling me what???? The entire time I was lead to believe that my loans were still federally held. I tried talking to them and told them to never mind and put it back where it was, but they said they could not do that. Half of that 300. Vallejo, William v. Trans Union, LLC et al, Hyntelx LLC v. Stanley Black & Decker, Inc. et al. Case Number : 1:22-CV-05545. I also didnt know once consolidating, I was locked into the high interest rate and would not be able to consolidate again. 1601 Trapelo Road Suite 21 Waltham, MA 02451 United States. Add me please. Calling them with police records and all and they still will not remove this loan from my credit. 05 then another of. I didnt even know I had Nelnet until it was too late. Goes to interest monthly. I am 62, still working although not in good physical health and still owe over $20,000 on school loans. Time and again I had received messages, emails, calls and paperwork touting the US Department of Education backed loans, not private. I have student loans with Nelnet, In 2015, I inquired about the public service loan forgiveness program as I have been a public service employee since 2005. This agreement is entered into and effective as of the August 22 nd, 2018, by and between Nelnet Servicing, LLC, d/b/a Firstmark Services, a Nebraska limited liability company, ("Firstmark"), and Union Bank and Trust Company, a Nebraska state banking corporation, ("Lender"). Back in 2020 they granted the CARES benefit to suspend payments. My loans were consolidated to Nelnet and I dont believe I was given a choice. never knew that I was with nelnet and not a gov loan agency. As I recall it was a Stafford student loan. 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. I hope they are penalized and loans forgiven. I want in on the lawsuit. Is this why they also bought my consolidated loan from Sally Mae and separated them into 9 different loans, causing my credit score to drop 100 points? Please add me to your list. I filed for and payed under the IBR plan with ACS, but Nelnet has no record of that. The parties are directed to file all future pleadings under case 22-cv-5545, and the court will administratively close 22-cv-5602. Its obvious that many of us were misled in some way when it comes to these loans, question is, is anyone going to do anything about them, or are the big wigs with the money to buy themselves out of everything going to win once again? The department of Education backed loans, not private and therefore do qualify... 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