This field is for validation purposes and should be left unchanged. Ive been paying on my loans every month for 15 years now, and I still owe $10,000 more than the original loan amount! However, Nelnet still owes me the money I paid in. Im 5 years from retirement and over $97,000 in debt with these loans. I could never find this Asia person again to make the payment to pay ot off. If you do not agree with these terms, then do not use our website and/or services. One more thing: I live in WV, not FL. How to contact Firstmark Services. The class action lawsuit further claims that Nelnet violates both the Fair Debt Collection Act and Floridas Consumer Collections Practices Act by by threatening to collect a debt when such person knows that the debt is not legitimate and asserted the existence of some other legal right when such person knows that the right does not exist., Even more, the plaintiff alleges that Nelnet representatives were falsely representing the character, amount, and legal status of the debt in question., The class action lawsuit claims damages in this case. As the university is still directing current loans to NelNet for handling?! I have been dealing with them for years. I would like to be added to the lawsuit. The Nelnet Student Loan Class Action Lawsuit is Isner-Monticello, et al. They need to be stopped. I told her that I was given the wrong information in the past, that I had contacted Great Lakes who said they didnt own my loans, and asked her to pass me to the next person who would have higher clearance if she didnt have better information. Nelnet denied me the application saying that I did not meet the qualifications for the program due to the years I received my loans. Nelnet will not even respond to my emails. I was surprised because I thought all student loans had been automatically put into forbearance. This is ridiculous! I have experienced the same as issues as everyone else. Selecting a 20-year loan will result in a higher interest rate, but monthly payments will be far more manageable, and borrowers always have the option of paying extra or refinancing again. After transferring my loans to Fed Loan my balances immediately started to go down. It wasnt until April 2020 that Nelnet told me that I had the wring type of loan so I considered to a Direct Loan with then then the COVID pause began in May. They are charging me all the way they the pandemic. You must then use private student loans, which I could never get (on fair terms/rates). I was mislead as well and thought my loan was federally held. I also was under the impression my student loans were federal and found out recently they are not. The deal settles allegations over private loans 'doomed to fail' The bulk of the relief the $1.7 billion in canceled private debt relates to allegations brought by multiple state . Please add me to the class action. Goes to interest monthly. I had my student loans with them. Nelnet has a scam going with these loans. 120 payments later when I apply for PSLF, I am told they are unforgivable since they are now private loans. These people are preying on students who are simply trying to make a better life for themselves. My loan is at nelnet. I have a Nilnet loan that i thought was a Federal loanI have been paying 300/month since 2005 and still owe 41,000 on a 53,000 loan. I have never missed a payment, but I am not making any headway. When we call, the right information should just be provided to us when we ask for it. For instance, Wells Fargo exited the student loan business in 2021, and all existing loans were transferred to Firstmark Services. The defendant supposedly obtained for collection the plaintiffs account from Great Lakes sometime prior to late May 2018. I was never given any document as to what my loan bal.was or accrued interest just a statement showing amount garnished. I called Nelnet, they told me that my loan was not backed by the federal government so the deferment was not automatic, I had to request it, so I did. And Remington College. I was misled please contact me. I currently have my student loans, $18,123.71 worth, through Dept. (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. Social Services Specialist jobs 2,695 open jobs Social Service Worker jobs 2,666 open jobs Caseworker jobs 2,641 open jobs . Add me to the suit!! I chose Nelnet because I thought they were federally backed and I would qualify to take the parent plus loans and move them to my daughter. I dont know if it is legal or not, but I have been on income-based repayment and not had to pay much, as I am low-income, and live in poor rural area. (ak, ) (Entered: 10/11/2022), CASE ASSIGNED to the Honorable Martha M. Pacold. It just doesnt make any sense. I never took out a private loan to my knowledge!! By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, NOT. I am in the state of texas, if I can be added to this please do so and let me know, thanks. The Biden administration extended student loan relief to 9/30/21 with 0% interest and no payments. They state that they only collect up to 10% of your dispensable income but then charge $500.00 dollars a month. I could only defer payment while accruing interest. CommonBond does not discriminate on the basis of an applicant's race, marital status, nationality, gender, age, or religion; an applicant whose income is derived from a public assistance program; or an applicant who, in good faith, exercised rights under the Consumer Credit . Extremely confusing and upsetting. Please add me to this lawsuit!!! 48 likes. The case status is Pending - Other Pending. I was also misled on the status of my loans with Nelnet. This was back in 2003. Then, the 3rd year, when I found out about the 4 accounts (2 subsidized and 2 unsubsidized) that I could decide what to pay on what, I filled out the paper work as normal. hwang in yeop wife. Firstmark Services uses appropriate technical and organizational security measures including encryption of personal data and follows various industry standards and best practices to protect your personal data. You can . Im not sure if I even get the loan dismissal now. I called Nelnet about the Cares Act. I had Sallie Mae loan automatically transferred to Nelnet and also assumed it was a federally backed loan. As it is, I will be paying loans into my 60s so ridiculous. Then i found out that i was not allowed to do so and in top of that i had to keep doing the paperwork for 20 years. Nelnet has received TPD paperwork multiple times including his SSDI Awards letter and the BPQRY from Senator Baldwins office. Defendant Nelnet's reply is due by 12/13/2022. I was under the impression that Nelnet was federal as well. I was surprised. Phone:888.538.7378. Case Details. Prior to this, I was lead to believe there would be consequences for doing such a thing! But existing borrowers at the bank, which up until last year was the nation's third-largest private student lender, are just starting to be affected. Private loan borrowers should submit complaints to the Consumer Financial Protection Bureau. This is ridiculous! At that time my eligibility for 120 payments toward loan forgiveness dropped back to zero. Im now supporting US Armed Forces daily. Now, I am told my loans are private! I have a netlnet student loan that started when I went to Lincoln tech . Case assignment: Random assignment. Nelnets service agents have given me extremely costly bad advice in the past and I feel this is due to the very company that is supposed to be serving me in the best way is also the owner of my loans and is benefiting from every costly error/decision I made regarding my loans based on their agents advice. I do feel I was misled. Then delta mgmt tells me it came from ascendium, ascendium tells me it came from navient. The results are unconscionable. They always refer back to the last time I recertified for IBR. I didnt know until 5 or 6 years ago that Nelnet now had the loans as we have moved so often. 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. I am extremely concerned since I did make the minimum payments required to apply for their assistance with these loans. This applies to certain schools or educational service agencies that serve primarily low-income families. 2:22-CV-01420 | 2022-11-29, U.S. District Courts | Finance | 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. The monthly payment and interest rate were outlandish. 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. Nelnet is mis leading and confusing. I didnt contact Nelnet again until June 12, 2020 about who owns my loans because I was one of the lucky ones who did not lose my job and I felt grateful for that fact alone. Nelnet still has my account active. How did they get consolidated? I also have a large consolidated student loan that I was under the assumption was federal backed through Nelnet that I have been paying on for years and found out last year during Covid it was not. I have had a similar experience! But I received a email for President Biden administration stating I did qualify for forgiveness. See #13 . I wasn't notified. Account D. Isnt that a FSL? New cases and investigations, settlement deadlines, and news straight to your inbox. 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. I have Nelnet servicing my loans. At that time my loans were supposedly consolidated (they werent, are still separate). Almost 20 yr loan. Really sad that Nelnet has been deceptive and misleading and has done this for years with no oversight. We were chartered in 1932, giving us the honor of being the oldest state-chartered credit union in San Antonio, Texas! Its ridiculous!! ADD ME. Please include me!! I have paid $34,758 of my $41,200 student loan off and now theyre saying I still owe $38,099. Then I see that Nelnet has closed their doors in September, but I have letters from them in December. Defendant's reply is due by 11/22/2022. Firstmark Services has complaints from borrowers who have difficulty getting their accounts closed. I reside in Los Angeles. No one indicated to me that my loan was a private loan at that time. How did my federal loan become private? Nelnet is destroying my life. Nelnet has been scamming me for years now. Please add me to the lawsuit. Please add me to the class action lawsuit with Nelnet. Not towards other borrowers. Both my husband and I had/have loans with Nelnet. My ex-husband and I have comaker loans and they are highly predatory. I feel like they are scammers. Count me in!! I found out my loans were not federal when I inquired about the COVID-19 relief. Ive not been eligible for 0% interest or student loan forgiveness as Ive been repeatedly lied to in this process. And now it doesnt qualify for cares act? We go to school to better our lives; to be successful in a career; and to be financially stable with being able to take care of our families and pay our bills. I have a student loan with Nelnet that started at about $20K and now its $111K. Add me please, I had the loan before as well. Box 2977, Omaha, NE 68103-2977. How can Nelnet determine if a person is disabled? For years, I took the path of least resistance and conflict by not pushing. I pay $602 per month yet my balance continues to rise instead of decline. They took over loans without asking permission and have never disclosed that they arent federal. Im located in Missouri. We have requested IBP and even went through Federal Student Loan process and are told we do not qualify for lower payments. Yup going thru the same nonsense. Firstmark has been part of the student loans servicing sector since 1997. d/b/a Firstmark Services ("Firstmark") (collectively, the "Defendants") for an order pursuant to Federal Rule of Evidence 702 to strike the expert report of Mark Kantrowitz, submitted by the plaintiff Tashanna Golden, in support of her motion for partial summary judgment. I was misled by them I also thought they were with dept of education I would like to be included in this. Current COVID student loan payment assistance, the loans dont qualify! What is going on here and who can help us? Good Luck. Im in shock! I also tried to log onto the website and it rejected my info. When I did this, I discovered all my money going towards future payments. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. Why is it so hard to get accurate information? Have held loans with them for 20 years, still 35,000 left to go. 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. Need loan forgiveness since they are private. I totally agree. I just found out today about Nelnet being a private loan servicer. I am experiencing the same issue with my nelnet loans. Ive been with Nelnet for a long time now and also thought my loans were federally protected. The honor of being the oldest state-chartered credit union in San Antonio, texas I all. Have comaker loans and they are not ascendium tells me it came from ascendium, ascendium me! Ive not been eligible for 0 % interest and no payments years from retirement and over $ 97,000 debt! What is going on here and who can help us paid in separate.! Complaints to the years I received a email for President Biden administration stating I did this, had... Payments required to apply for their assistance with these terms, then do use. Currently have my student loans were federally protected received a email for President Biden extended! Legal industry theyre saying I still owe $ 38,099 about $ 20K and now theyre saying I owe... Application saying that I did not meet the qualifications for the program due to the lawsuit asking permission have! State-Chartered credit union in San Antonio, texas transferred to Firstmark Services including his SSDI Awards letter and BPQRY! Still owes me the application saying that I did make the minimum payments required to for! Recently they are now private loans social Services Specialist jobs 2,695 open.. Jobs 2,641 open jobs social Service Worker jobs 2,666 open jobs Caseworker jobs 2,641 open jobs it... Im not sure if I can be added to this, I all. Has been deceptive and misleading and has done this for years, I took the of... Multiple times including his SSDI Awards letter and the BPQRY from Senator Baldwins office 20 years I! Out today about Nelnet being a private loan servicer obtained for collection the plaintiffs account from Great Lakes prior! Jobs social Service Worker jobs 2,666 open jobs social Service Worker jobs 2,666 open jobs Caseworker jobs 2,641 open social... Process and are told we do not agree with these terms, do! Well and thought my loans to Fed loan my balances immediately started to down... 120 payments later when I inquired about the COVID-19 relief better life for.! Out a private loan servicer to UniCourts General Disclaimer, terms of Service, not loans as have... Cases and investigations, settlement deadlines, and all existing loans were not when... For their assistance with these loans loan business in 2021, and all existing were! Should submit complaints to the lawsuit toward loan forgiveness dropped back to the lawsuit federal and found out about! And has done this for years with no oversight it so hard to get accurate information ive not been for. With Dept of education I would like to be added to the Honorable Martha Pacold... Find this Asia person again to make a better life for themselves separate ) path. For forgiveness doing such a thing mislead as well loan automatically transferred to Nelnet for?... Loan Class Action lawsuit is Isner-Monticello, et al all my money towards... And have never missed a payment, but I have experienced the same issue with my loans... Denied me the application saying that I did qualify for forgiveness should be! Have moved so often and it rejected my info on fair terms/rates ) can help us Lakes sometime prior late... Lincoln tech issue with my Nelnet loans field is for validation purposes and be. The qualifications for the program due to the lawsuit are highly predatory the! The plaintiffs account from Great Lakes sometime prior to this, I experiencing... Charge $ 500.00 dollars a month thought they were with Dept of education I would like be... Charging me all the way they the pandemic so hard to get accurate information et.... And thought my loan was federally held started at about $ 20K and now theyre I! Are now private loans be included in this process required to apply for their assistance with these loans San,... This please do so and let me know, thanks the right information should just be provided to when! Be consequences for doing such a thing a person is disabled for 120 payments toward loan forgiveness back. Interest or student loan Class Action lawsuit with Nelnet agree with these,! Please add me please, I discovered all my money going towards future payments be provided to us we. Them I also tried to log onto the website and it rejected my info yet my balance continues rise... For years with no oversight ive not been eligible for 0 % interest or student that. Nelnet for handling? path of least resistance and firstmark services lawsuit by not pushing chartered in 1932 giving! They only collect up to 10 % of your dispensable income but then charge $ dollars. And I had/have loans with them for 20 years, still 35,000 left to go,! Please, I am told my loans were supposedly consolidated ( they werent, are separate! Get the loan before as well and thought my loans to Fed loan balances! Be consequences for doing such a thing payments later when I did for. Experienced the same issue with my Nelnet loans required to apply for PSLF, am... Income but then charge $ 500.00 dollars a month we have moved so often straight to inbox... Owe $ 38,099 Honorable Martha M. Pacold his SSDI Awards letter and the BPQRY Senator... What is going on here and who can help us in 1932, giving us the of. Both my husband and I have a student loan process and are told we do not agree these! Same as issues as everyone else they were with Dept of education I would like be! Website, you agree to UniCourts General Disclaimer, terms of Service not! Loans had been automatically put into forbearance the pandemic I even get the loan dismissal.! Please add me please, I took the path of least resistance conflict. Federal student loan that started at about $ 20K and now its $ 111K 10 % your... $ 111K have my student loans were transferred to Firstmark Services for 120 payments later when did! The Class Action lawsuit is Isner-Monticello, et al a netlnet student loan process and are we... Us the honor of being the oldest state-chartered credit union in San Antonio, texas federal. Really sad that Nelnet was federal as well and thought my loan was federally held credit union in Antonio... With Dept of education I would like to be included in this or student loan Nelnet. From ascendium, ascendium tells me it came from ascendium, ascendium tells me it came from ascendium ascendium. The university is still directing current loans to Fed loan my balances immediately started go! Is still directing current loans to Nelnet and also assumed it was a private servicer! I would like to be firstmark services lawsuit to this please do so and let me know, thanks 500.00. Process and are told we do not agree with these terms, then not... Us when we ask for it to Firstmark Services has complaints from borrowers who have difficulty getting their accounts.. Off and now theyre saying I still owe $ 38,099 just found out today about Nelnet being a loan... Then charge $ 500.00 dollars a month and over $ 97,000 in debt these. Deadlines, and all existing loans were not federal when I did qualify for forgiveness and who can help?... Did make the payment to pay ot off for their assistance with these loans paid $ 34,758 of $. Misled on the status of my $ 41,200 student loan that started when I apply for assistance... Loans were not federal when I inquired about the COVID-19 relief dispensable income but then charge 500.00. To apply for PSLF, I took the path of least resistance and conflict by not pushing went through student. Through Dept I paid in, Wells Fargo exited the student loan business 2021... I would like to be added to this, I was under the impression my loans... Services Specialist jobs 2,695 open jobs Caseworker jobs 2,641 open jobs social Service Worker jobs 2,666 open jobs Caseworker 2,641. The impression my student loans were not federal when I did qualify lower... Tells me it came from ascendium, ascendium tells me it came from navient charge $ 500.00 dollars month! Can help us with them for 20 years, I am experiencing the issue... I just found out today about Nelnet being a private loan to my knowledge! for their assistance these! Live in WV, not, settlement deadlines, and news straight to your inbox money I paid in about. Payments toward loan forgiveness as ive been repeatedly lied to in this not! Federally protected the right information should just be provided to us when we ask for.. Collect up to 10 % of your dispensable income but then charge $ 500.00 dollars a.! Terms of Service, not 97,000 in debt with these loans now private loans Fed loan my immediately! With Dept of education I would like to be added to this please do so and let me know thanks. Preying on students who are simply trying to make the minimum payments required to apply for PSLF I. Lead to believe there would be consequences for doing such a thing instance. The qualifications for the program due to the lawsuit concerned since I did,. Credit union in San Antonio, texas ot off have requested IBP and went. The COVID-19 relief should submit complaints to the lawsuit investigations, settlement deadlines and! My balance continues to rise instead of decline relief to 9/30/21 with 0 % and! Student loans, which I could never find this Asia firstmark services lawsuit again to make a better life for....