Did you hear about the Supreme Court decision on student loan debt relief? So did scammers, the Federal Trade Commission warns.
If you’re worried about repaying your loans, the offers to “help” can be tempting. Scammers are likely to start blasting out robocalls and texts about “helping” you with your loans. So, before you act, know how to spot the scams:There’s nothing a company can do that you can’t do yourself for free. Get help atDon’t give away your FSA ID login information.
Anyone who says they need it to help you is a scammer. If you share it, the scammer can cut off contact between you and your servicer — and even steal your identity. Don’t trust anyone who contacts you promising debt relief or loan forgiveness, even if they say they’re affiliated with the Department of Education.
Scammers try to look real, with official-looking names, seals, and logos. They promise special access to repayment plans or forgiveness options — which don’t exist. If you’re tempted, slow down, hang up, and log into your student loan account to review your options.
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