The question I have is, was Nelnet keeping there apr low through this loophole? If so, I could care less. If they were fleecing customers, then I have a problem.
I also have a problem with the amount of money Mr Rein could receive through the filing of this litigation. 900 million....that is criminal in itself.
Nelnet had clever lawyers I dont think they really broke a law, it just looked bad now that rates are super low