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Aug 27, 2024 · You can locate your student loan servicer through your account dashboard on the Federal Student Aid website or by calling the Federal Student Aid Information Center at 1-800-433-3243. If you are ...
May 22, 2023 · A person or business might be trying to scam you if they do any of the following: Pressure you to pay up-front fees. Your student loan servicer will help you with your loans for free, so companies that request payment for debt relief services before providing help are breaking the law. These companies may even ask for your credit card number ...
Mar 15, 2021 · This is what a student loan scam looks like, according to the Federal Trade Commission, which in February 2021 announced a $1.7 million settlement with one company alleged to have bilked student ...
Jul 22, 2024 · August 20, 2024. If you have federal student loans, you probably got an email last month from Secretary of Education Miguel Cardona. (The email address it showed was noreply@studentaid.gov.) It has important information about your options for loan forgiveness. While that email is legit, scammers spread fake information about your student loans ...
Here are some examples of false claims you might come across: “Act immediately to qualify for student loan forgiveness before the program is discontinued.”. “Your student loans may qualify for complete discharge. Enrollments are first come, first served.”. “Student alerts: Your student loan is flagged for forgiveness pending verification.
Oct 26, 2022 · Check for a “.gov” email address or website. Scammers will not only call on the phone, but attempt to reach you through your email. If a person receives any email about student loan programs ...
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3. Advance Fee Scams. In general, Advance fee scams are pretty common in terms of student loan scams. Here, the scammer offers you quick loan approval or consolidation; in return, he asks for an upfront fee. You often lose your money and find yourself without the promised assistance if you fall for this scam. 4.
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related to: What does a student loan scam look like?Compare the Best Student Loan Providers for Parents and Students. Learn More. Today's Best Student Loan Rates. Compare and Save with the Lowest APR Available