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Student loan forgiveness scams are still out there. Make sure you don’t fall prey with these 4 ways to spot and avoid scammers. This was originally published on The Penny Hoarder, which helps ...
Beware of scams promising to reduce student debt by enrolling in loan forgiveness programs. Gannett. Rick Walz. April 26, 2024 at 6:05 AM ... Due to the uptick in student loan forgiveness scams ...
Here are a few ways to spot a scam: - Being asked for log-in information: the FSA and loan providers will never ask you for these details. - Promises that are too good to be true: according to the ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [ 1]
The agency has also stressed that there is no fee to apply for student debt forgiveness. Since the student loan announcement in August and Biden's October push to clamp down on fraud, the Federal ...
1. Student loan scammers may require you to pay up-front or monthly fees for help. If a supposed student relief company requires a fee before they actually do anything, that’s a huge red flag ...
Frere charged up to $800 in illegal upfront fees, required $100 to $1,200 in advance fees for enrollment in a "financial education" program, and monthly payments of up to $99 that were supposedly ...
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 ...
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