Search results
- If you’ve been scammed, contact the official Federal Student Aid website to file a complaint. You can also report the fraud to the Federal Trade Commission and your state attorney general’s office. Filing a complaint may help you get your money back, and it will also alert authorities to new scams and raise public awareness.
www.forbes.com/advisor/student-loans/student-loan-forgiveness-scams/
Aug 30, 2021 · The consequences can be steep. Here’s what you should know. I Can’t Pay My Student Loans: What to Expect. What happens if you miss your payments is dependent on the type of student loans...
If you don't repay your student loan you could face: loss of eligibility for future StudentAid BC funding. being contacted by a collection agency. a bad credit rating and inability to get credit, for example not being accepted for contracts for cellular phones, etc.
Nov 9, 2024 · This guide shows you how to spot student loan forgiveness scams and offers useful tips to stay safe. Scam Detectors Most Trusted Websites in Online Security. Guard.io (100): Surf the web safely. Clean up your browser, remove malicious extensions and check for privacy violations. Incogni.com (100): Delete your personal data from the internet and ...
May 22, 2023 · If you were targeted by a student loan forgiveness scam, you can report it to the Federal Trade Commission or your state’s attorney general. You can also alert your student loan servicer and instruct them to only provide information about your student loan directly to you.
Aug 25, 2023 · Any company that asks for a fee to reduce your monthly loan payment or forgive a portion of your debt is trying to scam you. And if that same company asks for your credit card number or bank account information? Then it’s almost certain you’re dealing with a scammer.
Protect yourself from potential scams or fraudulent activities. Note that we will never ask for payments via credit cards, gift cards, or cryptocurrency, initiate contact with you offering to pay off/forgive your loan or threaten you with arrests. If you suspect a potential student loan scam, report it here.
People also ask
What if I suspect a student loan scam?
What happens if I don't repay my student loan?
How do I report a student loan forgiveness scam?
What happens if I miss a student loan payment?
What if I'm targeted by a student loan forgiveness scam?
Are scammers stealing money from student loan borrowers?
If you can’t pay your student loans, talk with a Licensed Insolvency Trustee for help with student loan repayment reduction. We will explain all your options that can help you get rid of burdensome student loan debt.