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Scams come in different forms, so it’s best to take extra caution. 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 ...
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 ...
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 ...
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]
Despite these scams, student loan forgiveness is offered by the DOE for certain individuals. More information can be found on the department website. How scammers try to con student loan borrowers.
Due to the uptick in student loan forgiveness scams, the FTC has sent more than $4.1 million in refunds to borrowers who lost money to scammers. Luckily, the U.S. Department of Education has ...
New scams appeared immediately after Biden’s announcement — mainly in the form of fraudsters posing as government officials or student loan officers and offering to help borrowers retrieve the ...
Student Loan Forgiveness: 10 Expenses To Cut From Your Budget When Payments Resume Discover: ... Urgency: Most student loan scams have one thing in common — pressure. Anyone urging you to act ...
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