Student Loans

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Frequent Contributor
bahbahd
Posts: 427
Registered: ‎08-12-2011

Direct Loans transferred again to MOHELA?

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‎09-23-2012 08:24 AM

Seriously this is getting very annoying. My Direct Loans were just moved to MOHELA for service. Less than a year ago they were moved. **bleep** is going on?

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Frequent Contributor
bahbahd
Posts: 427
Registered: ‎08-12-2011

Re: Direct Loans transferred again to MOHELA?

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‎09-24-2012 11:09 AM

Is anyone else being transferred to MOHELA? 

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my25reasons
Posts: 177
Registered: ‎12-16-2011

Re: Direct Loans transferred again to MOHELA?

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‎09-26-2012 07:00 AM

A lot of people were. I think this started back in January. Mine were just moved over the last week. You can find other posts/experiences if you search in the forum.

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Frequent Contributor
bahbahd
Posts: 427
Registered: ‎08-12-2011

Re: Direct Loans transferred again to MOHELA?

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‎09-26-2012 07:21 AM - edited ‎09-26-2012 07:24 AM

I don't get it though. I was transfered to a new loan servicer last september. I've been paying through a site that looks identical in features to the nelnet site. Why would I need to have my loans moved again. I simply got one email letting me know this has happened too. Nothing in the mail. Logging into https://www.myedaccount.com/ show that the balance was paid off on 9/20. This is so annoying. 

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Regular Contributor
my25reasons
Posts: 177
Registered: ‎12-16-2011

Re: Direct Loans transferred again to MOHELA?

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‎09-28-2012 07:19 AM

It's just the way it is. It should be a fairly smooth transition, and hopefully, better customer service.

 

In my wallet:
Discover More / Chase Amazon / Chase Freedom /Chase Business Ink / Chase Slate / Capital One Cash Rewards / Walmart Discover / Kohls / JCPenny / Home Depot / Art Van

Experian Direct PLUS scores: Experian 744/ Equifax 763/ TU 744
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Frequent Contributor
bahbahd
Posts: 427
Registered: ‎08-12-2011

Re: Direct Loans transferred again to MOHELA?

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‎09-28-2012 02:36 PM

Anything has to be better than Nelnet. Watch any Nelnet account closely. I have heard people tracking their applied interest daily and catching them doubling up on accrued interest on a few days each month. It might be a small amount per month for each loan, but if they are doing it to everyone at the same time...

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