Nelnet
Holding Payments, Automatically Deferring Lost my payments but didn't help find them

Business & Finance

After paying on my loan for 3 years the payment amount at the bottom of each statement starting saying $0 due. This went on for a year. My loan was automatically deferred due to late payments. I am not denying I was late on my payments, sometimes up to a month, and I'm not denying that I was relieved when the payments were $0 and never really questioned it much. My point is just that the communication in regards was nill. I did not find out until that following year why it was deferred. My biggest problem with Nelnet comes from a recent phone call I received from one of the reps who said my payment was late. I knew I had paid it, since I was now a regulay on time bill payer, and checked my bank account with whom I do online bill pay. It showed that check to have been cashed from my account into thiers the week prior. I told him this and he said I would have to prove it, at which point I started to get angry. I told him that since I was not the one to have lost it they need to look around for it and if it could not be found then they needed to do some investigating in to who was cashing thier checks but not reporting payments. Although, this is an important matter there are bigger priorities that need to be delt with first but I intend to go through the last seven years worth of my student loan files and make sure they are doing what they are suppose to. I have been paying $85-150 a month since 2002 (sans the one year it was deferred) on a $9000 loan, my balance is still at $6000.


Company: Nelnet
Country: USA
State: Nebraska
City: Lincoln
Phone: 8778043603
Site: www.nelnet.com
  <     >  

RELATED COMPLAINTS

Nelnet Student Loans
Ripoff, inaccurate accounting of interest. Posting payments days after recived

Nelnet
Nelnet is an ripoff company indeed. Unethical loan practices

Nuvell Financial Services
Final days of loan

Beneficial
Never receive any credit for payments and charged me $2700 in deferred interest Borrowed 22,000, owe 25,000 after 2 years of payments

Aurora Loan Services
Ripoff

Household Finance Corporation
Ripoff, lied, deceived, took advantage of me

Nelnet
Repetitive and Inaccurate, Reporting to my credit

Nelnet
Dishonest about incentive programs

Nelnet Education Planning and Financing
Nelnet Student Loan Servicing Impossible payback

AmeriCredit
Auto payoff went up $800