Student doc and prep

Carolyn –

Victim Location 92227

Total money lost $500

Type of a scam Other

I was contacted by student doc and prep indicating I would could take advantage of getting my student loan out of default and stop the negative reporting off my credit report. Also I could go back to school. I did have to pay a small fee of $*** dollars the first time then $5 every month after that. Once I paid the money I contacted them because they stated the department of education would send me my paper work but I have never received anything. I contacted them a month later to ask them what should I do since i never received anything from anyone and never got a response or reply.

Michael –

Victim Location 77042

Type of a scam Credit Repair/Debt Relief

Scam artists call acting as through they are from the Department of Education. They lead on the victim into thinking that Nelnet is a lender, and that Nelnet is taking advantage of their borrowers, further on convincing the victim that they qualify for a debt forgiveness program that was initiated by the Obama Admin in 2012.

They proceed to request the victim’s personal information, as will as the information of two "References" who they say they will need to keep on file for any future related problems. Once they take those details, they ask for your credit card information and forward you off to a "financial officer" who approves your new loan. At which point you receive an email requesting copies of your two last payment stubs and 1040 form.

These scam artists, armed with all of your personal information, call Nelnet posing as the victim, requesting forebearance. With that, the victim stops receiving payment reminders from Nelnet to portray that they are no longer in an agreement with them, as this company continues to withrawl monthly payments.

If this happens to you, first call your bank right away to cancel your credit card and remove the charges, then call Nelnet to share that you’ve been a victim of a scam and review their files to find out if they made any changes to your account. Furthermore request to add additional security questions for callers to answer to prevent any such behaviors from occuring once more.

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