On the Nelnet website, my first payment says 11/12/28 and has for months. The letter I received today says forbearance ends 05/12/26 and first payment due 06/12/26.
First: Thanks for telling me my forbearance ends 8 days from now!!
Second: Which payment start date is correct! Please say 11/12/28!!
Third: Why is my payment starting already? Thought we had until July 1st. When the new payment plan starts.
Fourth: Why F me without a kiss?!?! That these loans charge interest is REDONKULOUS!!! We're taxed every time we blink!! When is enough, enough?!?!
Fifth: Which plan is best for the lowest payment?
HELP!!!!
Posted by PINKzoHOT
2 Comments
That website vs letter discrepancy is wild – I’d call them ASAP to figure out which date is actually real because that’s a huge difference. The letter saying May 2026 seems way more realistic than 2028, but who knows with these companies
For payment plans, SAVE plan usually gives lowest monthly payments if you qualify (it’s income-driven), but with all the legal drama around it lately you might want to look at other income-driven options too. IBR or PAYE could work depending in your situation
The interest thing is brutal though, I feel you on that. These companies make bank off us while we’re just trying to get educated. At least if you can get on income-driven plan the payments might be more manageable than whatever they’re trying to hit you with now
I posted before I saw yours. I have a similar situation in that my date online says Nov 2028 and my letter today says it ends May with payments starting in June. I don’t even have a payment plan as I was on a SAVE application that has been on the hold processing (before the applications were closed). I am going to call Nelnet tomorrow. I am sure they will be getting a lot of calls.