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They may also falsely promise to apply monthly payments to consumers’ student loans and to improve credit scores — all you have to do is pay a small fee so they can negotiate with the lender ...
Also in August, the FTC shut down additional scams operations that falsely promised to reduce or eliminate student loan payments under "Biden Loan Forgiveness," even though the president’s up to ...
President Joe Biden announced the much-anticipated administration's plan for student loan forgiveness on Aug. 24. and the online application will soon be available. However, the administration is ...
According to Forbes and anti-spam/scam platform RoboKiller, Americans lost $5 billion to student loan fraud in 2022. Borrowers received 700 million student-loan-related robocalls every month last ...
More than 7,100 student loan borrowers will receive $3.5 million in refund checks after a consumer protection agency said they were scammed by a student debt relief company in renegotiating ...
The Pennsylvania Higher Education Assistance Agency (PHEAA) cautions borrowers to be alert for financial aid scams that could expose them to identity theft and significant financial loss. Scammers ...
On Monday, President Joe Biden formally announced the opening of the federal student debt cancellation application, following a "beta" test of the process over the weekend which had drawn in 8 ...
With PAYE and IBR, the estimated payment you make for either of these plans has to be less than what you would pay on the Standard Repayment Plan within a 10-year period. But for PAYE, only loans ...