I was told consolidation of my three parent loans for my children (from other companies) was the way to go ...yes, with an honest reputable company it would make sense.
All I have experienced with Nelnet is the feeling that I am treading water and getting nowhere. I have called and asked for a statement to be sent to me so I can see the breakdown of the balance as I am making my payments and was told "we don't do that" ! The interest that that take is robbery. I will make a payment of 250.00 and the interest taken will be 205.00.
I make my payments ONLINE by the due date but it will not go through for THREE days, during which time they charge interest.Why is Nelnet not bound to the same regulations that banks and credit card companies have to adhere to ?