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Established Member
amz1121
Posts: 17
Registered: ‎04-12-2012

Fed Loans & NelNet

In 08/2011 I contacted Fed Loans regarding my student loans becuase i was told by my mother I had gotten mail at her home, when i contacted Fed Loans to start paying my student loans back I was informed that it had been sold to Nelnet.  I never received any letter from either company letting me know it had been sold or it was time to start paying it back, I now have negative marks on my CR for both company's.  I attempted a GW with Nelnet and they turned me down, is there any way of me getting this removed?  Does the fact that i was not notified, did not get any bills etc in the mail help? I moved from Phoenix to Washington State and my letter was being sent to Phoenix. 

 

Any advice would help.

Valued Member
wamcon
Posts: 42
Registered: ‎06-18-2011

Re: Fed Loans & NelNet

My student loans with the Department of Education have transferred three times since September 2011 and I was not notified of any of them - I only knew because when I logged in to the account it said I had a zero balance then my credit report reflected closed accounts.  Experian has not reported on my student loans since August 2011 except that it was closed in September - I have never received any mail or notifications.  The Ombusdman was not able to help in this issue despite three tries.  I just keep paying.


Starting Score: 552 Nov 2010
Current Score: 681 Mar 20113
Goal Score: 720


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