Student loan -- Dealing with your lender or servicer -- Complaint #7557278

Complaint Overview

Complaint ID: 7557278

Company: Nelnet, INC.

Product: Student loan

Sub-Product: Federal student loan servicing

Issue: Dealing with your lender or servicer

Sub-Issue: Trouble with how payments are being handled

State: California

ZIP Code: 92618

Date Received: 2023-09-15T12:00:00-05:00

Date Sent to Company: 2023-09-15T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I have been trying to connect and make payments with Nelnet as my student loans were transferred to them. I have seen 3 different payment totals when I log into their system. I have also tried making payments through the website but the system has been down and will not accept payments since the beginning of XXXX. When I call the customer service number the wait times are more than an hour. This is all a common issue and needs resolution. I would like to have a different company processing my student loan, but unfortunately, that is not an option given to any of us dealing with this terrible organization.

Frequently Asked Questions

What is Complaint #7557278 about?

Complaint #7557278 was filed against Nelnet, INC. regarding Student loan specifically about Dealing with your lender or servicer. It was received by the CFPB on 2023-09-15T12:00:00-05:00.

How did Nelnet, INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Student loan) and describe your issue in detail.

Can I see other complaints against Nelnet, INC.?

Yes, visit the Nelnet, INC. company profile at readthecomplaint.com/company/nelnet-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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