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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 ...
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 ...
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 ...
With the resumption of student loan payments set for next month, robocalls scams are surging. An estimated 350,000 such calls were placed so far this month, CBS News reported. See: An Ancient Rule...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
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 ...
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 ...
You can send a letter to your student loan servicer revoking your authorization to automatically debit your bank account. For good measure, send a letter to your bank to notify it of the change as ...