You can refinance your Nelnet student loans with Nelnet Bank, or you can choose another private lender, such as SoFi, Earnest or College Ave. The most important factor to consider when shopping for a new private student loan is the interest rate. … (Federal student loans only offer fixed interest rates).
Secondly, are Nelnet loans direct loans?
Federal Direct Loan Program | FDLP
The lender is the Department of Education. These are often referred to as Direct Loans, and are serviced by companies like Nelnet.
Subsequently, can you negotiate with Nelnet? Nelnet does not negotiate student loan settlements for the loans it services. … Its role is limited to processing monthly payments, repayment plan requests, forbearance/deferment requests, and loan consolidation applications.
Just so, is Nelnet still servicing student loans?
Currently, Nelnet is under contract with the Department of Education through December 2021. After December 2021, Nelnet’s contract is unlikely to be renewed and its borrower portfolio will be transferred to another loan servicer.