Search for: "Nelnet, Inc."
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17 Aug 2010, 9:07 am
On August 13, 2010, Nelnet, Inc. announced that it has agreed to pay $55 million to the Government to settle a lawsuit alleging that the company made false statements in order to obtain Government subsidies for originating federally-guaranteed student loans. [read post]
25 Aug 2010, 9:53 pm
According to an August 13 press release from Nelnet, Inc., and an article in the Omaha World-Herald, the company agreed to pay $55 million to settle claims, brought by qui tam relator Jon Oberg, that the company had received an “artificially high rate of return” on student interest loans it originated. [read post]
30 Jul 2010, 3:00 pm
District Court for the Eastern District of Virginia rejecting Nelnet, Inc. [read post]
17 Nov 2010, 1:59 am
Nelnet Inc. and Nelnet Educational Loan Funding Inc. have paid $47 million to the United States. [read post]
5 May 2011, 10:45 pm
Nelnet, Inc., the Eighth Circuit Court of Appeals ruled against the whistleblower in his appeal of the dismissal of his False Claims Act case. [read post]
20 Jul 2011, 4:30 am
Peterson’s Nelnet, No. 11-0011, 2011 WL 1458779 (D.N.J. [read post]
31 Aug 2009, 3:45 pm
The United States District Court for the Eastern District of Virginia today unsealed a lawsuit against a number of student loan companies, including Nelnet, Inc and Sallie Mae, filed on behalf of the United States by Dr. [read post]
18 Nov 2010, 11:04 am
Department of Justice announced that four student loan companies (Nelnet, Inc., Southwest Student Services Corp., Brazos Higher Education Authority, and Panhandle Plains Higher Education Authority) agreed to pay the Government a combined total of $57.75 million to resolve allegations in a lawsuit brought under the False Claims Act that the companies submitted false claims to the Department of Education by using billing systems that allowed them to receive improperly inflated… [read post]
9 Feb 2018, 11:55 am
While most federal student loan borrowers deal with loan servicing companies like PHEAA, Navient and Nelnet, defaulting borrowers in an unlucky but sizeable minority (roughly 6.5 million) have their loans assigned to debt collectors like Collecto, Inc., Pioneer Credit Recovery, and Immediate Credit Recovery Inc. [read post]
29 Mar 2015, 6:52 pm
”] Explanation of Customer Service Performance Measure Methodology in PDF Format, 50KB, 4 Pages Quarterly Customer Service Performance Results for FedLoan Servicing (PHEAA), Great Lakes Educational Loan Services, Inc., Navient, and Nelnet – Quarter Ending December 31, 2014 in PDF Format, 10KB, 1 Page Quarterly Customer Service Performance Results for Not-For-Profit (NFP) Members of the Federal Loan Servicer Team – Quarter Ending December 31, 2014 in PDF Format,… [read post]
27 Jan 2012, 7:46 am
As of last fall, the parties were trying to negotiate settlements, but some issues remained “unresolved.” Nelnet, Inc. [read post]
7 Nov 2022, 10:09 am
” IBP, Inc. v. [read post]
22 Jun 2011, 6:07 pm
BELOW THE FOLD IS TEXT VERSION OF DATABASE OF DEBT COLLECTORS __________________________________________________________________________________ 1ST CREDIT OF AMERICA LLC 300 N ELIZABETH ST STE 220-B CHICAGO, IL 60607 6464 INVESTMENTS LLC 1625 S IRIS WY LAKEWOOD, CO 80232-6347 A COMPLETE FINANCIAL INC 2016 OGDEN ST DENVER, CO 80205 AAA COLLECTORS INC DBA TRIPLE CHECK INC 2950 N ACADEMY BLVD UNIT 201 COLORADO SPRINGS, CO 80917 Aargon Agency… [read post]
22 Jun 2011, 6:07 pm
BELOW THE FOLD IS TEXT VERSION OF DATABASE OF DEBT COLLECTORS __________________________________________________________________________________ 1ST CREDIT OF AMERICA LLC 300 N ELIZABETH ST STE 220-B CHICAGO, IL 60607 6464 INVESTMENTS LLC 1625 S IRIS WY LAKEWOOD, CO 80232-6347 A COMPLETE FINANCIAL INC 2016 OGDEN ST DENVER, CO 80205 AAA COLLECTORS INC DBA TRIPLE CHECK INC 2950 N ACADEMY BLVD UNIT 201 COLORADO SPRINGS, CO 80917 Aargon Agency… [read post]
24 Mar 2020, 12:30 pm
The proposed rule, together with the FDIC’s recent approvals of deposit insurance applications for Nelnet Bank and Square Financial Services, Inc., suggest the ILC charter as a viable alternative to the OCC’s fintech charter, which has been stalled by litigation. [read post]
28 Dec 2020, 9:39 am
As suggested by the FDIC’s recent approvals of deposit insurance applications for Nelnet Bank and Square Financial Services, Inc., an ILC charter can be a viable alternative to the OCC’s fintech charter, which has been stalled by litigation. [read post]
