Usacomplaints.com » Business & Finance » Complaint / Review: Nelnet - Student Loan. #464263

Complaint / Review
Nelnet
Student Loan

I got two loans in 1992-1993 with Sally Mae while I had been in Illinois.

Each One of The two loans was for $1000.00.

Whole amount borrowed: $2000.00

Despite spending $50.00 per month on both of these loans, that have been mixed into one account, to some number of various businesses who've "obtained" the loans in the initial bank, since 1994, somehow they're NEVERTHELESS not reduced.

The newest organization that's "bought" my mortgage is Nelnet, who "obtained" the loans/debt in August.

By my newest declaration for 5/4 the loans are still owing in the amounts of $1113.06 and $842.44

Now, I admit I am not a math major yet common sense tells me that if I CAN PROVE i have paid $50.00 a month since 1, that by 1 I have PAID more than $3000.00 and thus these two $1000.00 loans should be PAID OFF by now

(And by saying that I can prove that I have paid each month since ce 1, @ $50.00 per month, I mean that I can reach into the table Cabinet that's significantly less than 4-feet from my keyboard at this time, and take out 5 plus years-worth of bank statments. Easily draw my "Student Loan" document from my wardrobe filing case, I've evidence of funds and-or duty reimbursement seizures dating back to to 1994 and certainly will show that I've compensated both of these loans down atleast 3 times within the last 16 years since experiencing them...)

After I approached Nelnet only now nowadays, I still somehow amazingly strangely owe them over $1955.00.

Last month I named to describe I had been unemployed, handicapped and experiencing surgery and required the payment per month be decreased... Their consultant decided to decrease it to $14.00 whole... And That I obtained a notice from Nelnet by themselves letterhead informing me that my demand have been authorized.

However not really 10 times after their very own notice informing me the cost had been decreased they nevertheless required the initial cost quantity of $50.00. After I named to protest, they explained "Oh your request decreased cost was corrected, did not we contact you on 5/20/09?"

Uhm no... They did not, and that I have experienced EXACTLY THE SAME phone number for more than 6 years... They understand it, their reps verify it every single moment I contact...

I'm really considering appropriate action against Nelnet... I will SHOW with bank claims dating back to to 1 that I've compensated on both of these loans regular, and also have settled significantly more than $3000.00 the amounts on the monthly claims never appear to drop... Actually...

If there is a-Class Action Suit with respect to every individual who had actually removed students loan subsequently wound up coping with Nelnet, I'd cheerfully join the listing of Plaintiffs...

Anybody considering this kind of activity please contact me at

[email protected]

Thanks

Chatrient


Offender: Nelnet

Country: USA   State: California   City: Riverside

Category: Business & Finance

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