Interest fees are accuring during COVID-19. Now my credit dropped so significantly, I cannot get a loan or a credit card. I think that all these companys should give us a fresh start and quit ruining our credit. Please add me to the lawsuit. Theyve had several servicers. I used my savings to pay off two of the 8 stafford loans I had. He was told by an employee that he could make partial payments and that would be put on the back end of his loan three months later he was notified that he was delinquent. I have a nelnet loan and for the past 15 plus years have paid the same amount every month on the same day all the time reviewing my payment history I have discovered that some months they keep more interest and apply less towards the principal. If my balance hasnt moved in 12 years how can it be paid off in another 13? However, my loan servicer firstmark is telling me that I still have to pay a 1000 dollars a month for December and January. I have Nelnet servicing my student loans, my account starts with a D. When I called after getting statements and a call about loan payments being behind I called them. Id like to be included in this class action. This website is Firstmark's web-based loan origination platform. Plaintiff is directed to refile her Response in case 22-cv-5545 by 11/29/2022. This agent wanted the exact web address I was at so they could see it. Im with all these people!!!! And yes they are prefixed with the letter D. I am in Alabama. How do I join this class action law suit? Please add me to the Nelnet Class Action Lawsuit list, I thought they were federally backed. built for you shopify store. A division of Nelnet, we are an investment-grade rated servicer that delivers innovative and flexible technology outsourcing, origination, and loan servicing solutions to consumer and private loan clients who are looking for a responsive, low-risk environment. On 10/10/2022 Myrick filed a Contract - Insurance lawsuit against Firstmark Services, LLC. No way I wouldnt have qualified for federal student loans. Ive had great Sallie Mae,great lakes, assidium, Navient, and Nelnet all try to handle my loans. I have Nelnet loans, and I also have dual reporting on my credit history, for loans that are over 10 years old and still being reported by both Nelnet, and Navient. Corporate Office 2023 Gold Canyon Dr. San Antonio, TX 78232. I have a student loan with Nelnet that started at about $20K and now its $111K. I owed around $8,000, now I am in debt for $21,000. There is no way I will ever be able to pay it off. I have Nelnet student loans. And even thru covid pandemic i am getting fees. I also took a lower payment option. I took a screenshot of my log-in page today and it says Official Servicer of Federal Student Aid. So why isnt it subject to the CARES act? Fast forward to the end of 2020 and I now owe an outstanding balance of $19,000.73 and principle balance of $18,123.71. Nelnet will not even respond to my emails. How do I get in this lawsuit I have Nelnet and wasnt able to forgo. (Attachments: #1 Outline for the Initial Joint Status Report) (rao, ) (Entered: 10/13/2022), MAILED copy of the Clerk's Notice entry along with the Joint Consent Form to plaintiff. It wasnt nelnet not dept of ed. I have tried to explain them what happen with my loan. I also have a nelnet student loan. Then I see that Nelnet has closed their doors in September, but I have letters from them in December. If not direct me to someone that can help in alabama. I am also in this same situation. You can refer to the studentaid.gov website for additional information. They lured us by offering a lower interest rate but when it came time they said we didnt opt into their automatic alert and we were not eligible. I was told they are private loans now. (nsf, ) (Entered: 10/11/2022), (#3) NOTIFICATION of Affiliates pursuant to Local Rule 3.2 by Loan Science, LLC (Bruggenthies, George) (Entered: 10/10/2022), (#1) ATTORNEY Appearance for Defendant Loan Science, LLC by George Michael Bruggenthies (Bruggenthies, George) (Entered: 10/10/2022), Docket(#32) REPLY by Defendants Firstmark Services, LLC, Nelnet Education Loan Funding, LLC to Motion to Dismiss for Failure to State a Claim #26 (Bell, Roisin) (Entered: 12/02/2022), Docket(#31) RESPONSE by Tashay L. Myricki to Nelnet's Motion to Dismiss (jg, ) (Entered: 11/28/2022), Docket(#30) ATTORNEY Appearance for Defendants Firstmark Services, LLC, Nelnet Education Loan Funding, LLC by Alan W. Nicgorski (Nicgorski, Alan) (Entered: 11/17/2022), Docket(#29) MINUTE entry before the Honorable Martha M. Pacold: Telephone status hearing held on 11/17/2022. I too was lead to believe that my loans were Federally held loans and like the poster above found out that they did not qualify for the CARES act. My loans were sold to Nelnet by my state around 2016 and at that time I owed $10,850 between the two. I too am victim of Nelnet deceit and finding they dont have the adequate documents to support their collection efforts. Nelnet pushed me into multiple forbearances instead of proffered information about incime-vased repayment and and then, when I was diagnosed with cancer, and could only pay %70 of my payment, they sent me to collections- which added an additional $$$ to my balance. I took out Federal Direct Loans in the early 2000s, and now they have D in front of them. I have had several student loans in different amounts. They did that to me for over 7 years until I realize they were not the department of Education. I am very disappointed with the corrupt system of education. Same boat my initial loan was for 14k. I was also scammed by them. Firstmark Services. Ankona Capital led the round and was joined by FirstMark . This practice of selling off loans to different servicers happened with other loans and over many years it is a true nightmare to keep track of but I do think I have some original documents. My account begins with a J and is considered Commercial. If you want to reach Firstmark by phone, you can do so by calling 888-538-7378. And because I saw no other choice but to do a direct consolidation and being led to believe that was in my best interest, I saw no other choice but to chose a payment plan and my payment plan is based on my income rather than loan term. Robert Farrington is America's Millennial Money Expert and America's Student Loan Debt Expert, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student . If someone out there can help look into this I would greatly appreciate it. I hope NelNet is held responsible in court for all this, and NelNet borrowers are given a chance to realistically deal with this. Im an Service connected Veteran and I too have a school loan with Nelnet. How can we learn more? How do I find out what is going on with this? Nelnet still refused and denied me the application. What is going on? I was well aware that interest would be capitalized on my unsubsidized loans during my deferments. Phone #: 888-538-7378. After a short wait, she came back and told me, yet again, that my loans were held by Ascendia GLHEC. They said they were federal. PLEASE HELP, I too am being raped by Nelnet. I still have mine too that are stamped like that. I have a nelnet student loan. The statement I have from a credit report says that my original amount is $31.226 and as of the report I printed in October of 2021 I owed $312,787.00. 1:20-CV-00200 | 2020-01-10, U.S. District Courts | Intellectual Property | I have inquired time and time again why this is so and have not received a valid answer. I too am victim of Nelnet deceit and finding they dont have the adequate documents to support their collection efforts. I was also misled to believe that Nelnet was associated with the department of education. Same stories as the others. I have been teaching students with disabilities for over twenty years and have inquired about and applied for forgiveness over the years and only recently was told that my loans did not qualify. However, when I eventually called to verify this, they corrected me and made me aware that was just a payment for them to keep my loans deferred. Once I told them I was still attending college and could do that myself, they quickly allowed me to close my account with them without penalty. When I got my loans transferred to Nelnet by Great Lakes, Nelnet switched mine to private when they were federal I filled out a FASFA and was awarded a Pell grant. 8:21-CV-01979 | 2021-08-05, U.S. District Courts | Finance | I was finally able to piece together what was going wrong with my student loans and start on my offensive with Nelnet. We cannot afford these payments. They need to be stopped. On January 21st or so I did a consolidation with Nelnet and at the time i did the consolidation I requested the IDR repayment plan. My current monthly payment is too expensive and I . I would also like to be in the lawsuit list, I have been using Nelnet to pay my student loan and I cant log in for couple months and they stopped sending monthly statement(?) After reading all the entries, Im now afraid and very hesitant to start making payments on my student loan. Please help! Are there any current lawsuits about the misrepresentations? Then the Dept of education told me I still cannot get the loans forgiven because I must start over with making so many payments before I can receive the loan forgiveness. The briefing schedule on defendant Loan Science, LLC's motion to dismiss #6 will stand. What can we do. I thought I was being smart by never taking a private loan. To day supervisor Alex tells me faxing it is not a good option as it dont go to their department. Firstmark has been part of the student loans servicing sector since 1997. Add my name to the class action! $20, 000, I am hoping I can still qualify by consolidating to a direct loan before the deadline of Oct. 31. Required fields are marked *. I am from Indiana & my original Student loans have been bought from other companies or changed company names 4 times. Delta management had it last and I paid 5000.00 on it. He told me Nelnet is a private company. I would like to be in this lawsuit concerning Nelnet. Ive been with Nelnet for a long time now and also thought my loans were federally protected. Its obvious that many of us were misled in some way when it comes to these loans, question is, is anyone going to do anything about them, or are the big wigs with the money to buy themselves out of everything going to win once again? FYI: phone repersentives who have taken my complaints before escalating them to a higher department have admitted to me on several occasions that theyre aware that consumers are being scammed. I was never given any document as to what my loan bal.was or accrued interest just a statement showing amount garnished. They have continually put incorrect information on my credit report despite me disputing it over and over and over again. What are the steps to have the loans removed? Which I obtained through a predatory University. But I still couldnt pay extra on my loans without it going to future payments because I was still caught in the clause of not paying more than my minimum payment due. but transferred to Firstmark Services, a division of Nelnet on March 20, 2021. I also have a student loan with Nelnet, took loan out when my daughter started college. Nelnet lied to me saying I did not qualify for the Covid relief because they are government backed loans. Plaintiff is directed to refile her Response in case 22-cv-5545 by 11/29/2022. Who can you trust? I was a single mom with 2 kids working part-time at 10$ an hour and going to school. Loans started as federal then were transferred to Nelnet. Nelnet took over 25 years of student loans. I finally changed over after the Cares Act became implemented so thankfully I will get the balance of my loans now forgiven but I will not get a refund which I do think Nelnet should have to give back for the extra 2 years that I have continued to pay my loans. 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. Act passed, I went to Nelnet.com to see if I qualified because all of my loans are subsidized or unsubsidized federal stafford student loans. Original loan being $7,000 with interest almost $20,000!! I also have a nelnet account. What changed? Is there away I can get it canceled. (ak, ) (Entered: 10/11/2022), DocketCASE ASSIGNED to the Honorable Martha M. Pacold. that reports on class action lawsuits, class action settlements, Its not fair. 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. Then they got consolidated or bought out from Nelnet. I reside in Los Angeles. Now I get paperwork from Nelnet telling me my loan is with them now and I have to start paying. It was there that I discovered my federal stafford loans were considered private because they were issued through a private lender prior to 2008. I have no idea how to prove that their repayment amounts are not what I should have to pay !! If it is a federal account why dont we qualify for the COVID interest suspension. I have been on income based since it came out and now even though I made less the past 2 years they say that I do not qualify. Ive been paying on my loans every month for 15 years now, and I still owe $10,000 more than the original loan amount! Please Please Please help me. Are stamped like that Martha M. 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