Complaint / review / scam report
NelNet Student Loans - Ripoff

Complaint / review text:
I consolidated 3 student loans in 2005 totalling 50,000 with Nelnet Inc. The interest rate on 2 of the loans was 3.13% and the other was 6.7%. I had one brief deferrment and the interest was capitalized which added another 3,000 to the loan. To date, after $16,000 in payments the balance on this loan is still $53,000.

I wasn't paying close attention and I was seriously ripped off. Do not use NELNET to conolidate your loans. I am happy to say, I am taking out a personal loan at 4% interest, fully amortized to pay this loan off.

Contact information:
Author: Contact with Author

Offender: Nelnet

   State: Maryland   City: Catonsville
Address: 121 S. 13 St. , Ste 201
Phone: 18664635638

Category: Business & Finance


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