Features

Nelnet is a lending service provider for B2B2C home loans. The Preczn integration to Nelnet supports the following features.

• Loans
• Lending transactions
  • Drawdown

Adding Merchant Credentials

In order to configure the Nelnet each merchant will need a Nelnet contractor ID.

You may upload this via the Preczn Dashboard, merchant import or by updating the merchant connection via Update Connection Details endpoint. The values needed in the request would map as follows:

PATCH /v1/merchants/{merchantId}/connections/Nelnet 

{
    "mid":"{nelnet-contractorId}"
}

Loan Status Mapping

Preczn normalizes loan statuses so that platforms can use and reach to events across multiple providers. Here is how the loan statuses map for Nelnet: