Student loan scams: How to protect yourself from loan forgiveness fraud

Canada News News

Student loan scams: How to protect yourself from loan forgiveness fraud
Canada Latest News,Canada Headlines
  • 📰 FOXLA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

With new government aid comes new potential scammers — here's how you can protect yourself.

Attorney General’s Office and the U.S. Department of Education on how to avoid potential student loan forgiveness scams and theft.Don’t provide your personal or financial information in response to unsolicited emails, phone calls, or texts either purportedly from the federal government or a company claiming to be able to assist you with obtaining the announced relief.Don’t be rushed.

Don’t give away your FSA ID. Some scammers claim they need your FSA ID to help you, but don’t share your FSA ID with anyone. Dishonest people could use that information to get into your account and steal your identity.Keep receipts and documents with personal information in a safe place, and shred them when you are finished with them.

Beware of student loan debt relief companies that ask for fees up front or claim they’ll eliminate all of your debt immediately.The Associated Press contributed to this report. that I have read and agree

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FOXLA /  🏆 445. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Student loan scams: How to protect yourself from loan forgiveness fraudStudent loan scams: How to protect yourself from loan forgiveness fraudWith new government aid comes new potential scammers — here's how you can protect yourself.
Read more »

What If You Just Paid Off (Or Paid Down) Your Federal Student Loans?What If You Just Paid Off (Or Paid Down) Your Federal Student Loans?Student loan forgiveness in this situation is complicated, especially if you made payments after March 2020.
Read more »

Advice | Students, don’t count on loan debt forgiveness ever happening againAdvice | Students, don’t count on loan debt forgiveness ever happening againAdvice: This fall, millions of high school seniors will begin applying to college for the 2023-2024 academic year. One wonders if they might overextend themselves with the expectation that they, too, will someday not have to repay part of their loans.
Read more »

How many Utahns will benefit from student loan forgiveness? And how soon?How many Utahns will benefit from student loan forgiveness? And how soon?Collectively, Utahns with outstanding federal student loan debt owe about $10.2 billion, or over $33,000 per person. More than 100,000 of them are eligible for relief under the plan.
Read more »

What the Tech? Student Loan Forgiveness May Lead to Scams - Alabama NewsWhat the Tech? Student Loan Forgiveness May Lead to Scams - Alabama NewsYou can bet scammers will use the new Student Loan Forgiveness Program to take money from people who are hoping to get their loans forgiven. whatthetech studentloans studentloanforgiveness alabamanewsnetwork
Read more »



Render Time: 2025-02-28 09:37:12