Consumer complaint received 2025-05-17 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: Nelnet, Inc.
State: FL

Complaint narrative:
This school loan is over ten years old. Nelnet continues to report this school loan to all of credit bureaus. Due to the Presidents ' new Executive Order, nelnet is no longer to report negative items to the credit bureaus. This company has not and did get written permission from me to due these actions. I was not notified by this company this was taking place. They are to notify when they are making any kind transaction of this kind by law. This apparently has been going for many years. This a pure violation of the privacy act and under the Fair Credit Reporting Act ( 15 U.S.C. 1681i ) This item must be deleted from the negative side of my credit report and placed on the paid and in good standing. 
Under contract Law- there are to be two signatures of living souls for a contract to be a valid contract. Are there two different signatures on this contract? YES or NO?

Who is the original creditor?

Who has the Promissory Note? 
I want to see the agreement between [ NELNET ] and XXXX XXXX, Executor that authorizes the collection of the alleged debt, along with any transaction binding me to an agreement to pay. 
1. When the agreement of the loan was created and accepted by [ NELNET ], did that create a Trust? YES or No?

2. If a Trust and has been created by and from my autograph/ agreement what are the roles ( fiduciary duties ) of the [ NELNET ] and myself within Trust?

3. In transaction is it not the case [ NELNET ] is acting in the capacity of TRUSTEE?

4. Does the [ NELNET ] hold legal Title/Deed and the Promissory Note?

5. In Fact my Signature is what created the value in this TRUST is it not?

6. If am the one that is putting value to the trust, does that not make me the creditor?

7. Who are the three parties in creating this TRUST?

8. Was there Actual Funds given to the creator of the Trust?

9. Who Holds the Equitable title?

10. A financial agreement signed by myself is not a financial instrument True or False?

11. Is it not true that an agreement must be signed by two living individuals/souls- all parties before it becomes legal and binding?

12. Can a financial instrument be securitized?

13. What lawful consideration does [ NELNET ] give when agreeing to a loan?

14. What creates the source of the funds that [ NELNET ] claims it lends?

15. [ NELNET ] accepts a loan contract, does [ NELNET ] disclose what it does with the social insurance number/ birth certificate number which it demands from the applicant?

16. What does [ NELNET ] do with the social insurance number/ birth certificate number which it demands from the applicant?

17. When [ NELNET ] accepts a loan contract, does [ NELNET ] monetize this instrument, creating a credit on the account which it then uses to fund the loan to the applicant?

18. If [ NELNET ] did not loan its own money to a customer but monetized the signed loan document creating new funds on the account, would this no be an exchange rather than a loan?

19. Does [ NELNET ] accept promissory notes and if so, how would we go about presenting one for acceptance?

20. Is it true the lender [ NELNET ] follows GAAP ( Generally accepted accounting principles )? Respond YES or NO in writing.

21. Was full disclosure given regarding if the borrow was to provide the funding for the loan per bookkeeping entries?

22. Does [ NELNET ] accept something of value from the borrower that is recorded as an asset on the books of [ NELNET ] resulting in a new liability? YES or NO? in writing.

23. Did [ NELNET ] lend/loan the borrower [ NELNET ] own pre-existing money or assets? YES or NO? In writing 24. Did the borrower have full disclosure of the bookkeeping entries?

25. Did [ NELNET ] add interest to the borrowers own promissory note/agreement/contract?

26. What equitable value/ consideration did [ NELNET ] give in return for borrowers promissory note/ agreement/ contract?

27. Is it the intent of the loan agreement in which the party who funded the loan, as per [ NELNET ] s entries is to be repaid the money lent to the borrowers? YES or NO? In writing, 28. Does the lender record an asset showing the borrower owes money to the lender involved in the loan agreement? YES or NO? In writing.

29. Is it true that, according to the bookkeeping entries, the borrower funds the loan? YES or NO in writing.

30. Is it true according to [ NELNET ] bookkeeping entries the borrower is the depositor therefore the creditor of the principal amount? YES or NO in writing.

31. Is it now clear the [ NELNET ] has violated GAAP ( generally accepted accounting principles ) thus making the agreement/contract null and void? YES or NO in writing.

32. Is it true the [ NELNET ] converted the agreement/ contract/ promissory note by using it a value to give value to a bond/cheque or similar financial instrument as proven by [ NELNET ] bookkeeping entries, thus proving the borrower funded the loan and proving [ NELNET ] concealment and false statements that [ NELNET ] funded the loan? YES or NO in writing 33. [ NELNET ] is charging accrued interest to the loan agreement and has not applied any of the payments made to date towards the principal as indicated in the latest correspondence letter from XXXX XXXX.

34. Wouldnt the actions outlined in the point above be illegal/unlawful/dishonest and deceptive practices? 
35. Has the loan agreement/mortgage been sold to a special [ NELNET ] entry for saucerization and pooled into tranches with other mortgages? YES or NO in writing.

36. Is it not correct that the mortgage renewal fee was not disclosed when the initial contract was established? YES or NO in writing.

37. What guarantee does the applicant have to cap the renewal fee on a mortgage? 
This is no way constitutes a dispute nor controversy by the borrower. 
However, if it can not be shown or proved in substance or beyond reasonable doubt [ NELNET ] have not breached the agreement of loan principle sum out of your own funds ( not the value/ money created by the promissory note ) or full disclosure was not given, the following is demanded within 30 days : Any alleged outstanding amount is to be balanced and returned times to zero A statement showing the discharge of the alleged debt showing a XXXX balance. 
A written guarantee that no report of a negative nature or bad credit shall be given to any credit reporting agencies. 
Failure to respond will be deemed a dishonor of this notice NOTICE TO PRINCIPLE IS NOTICE TO AGENT IS NOTICE TO PRINCIPLE

Company response to consumer: Closed with explanation