Scam Alert Archives

Scam or Legit: Student Loan Forgiveness, Consolidation and Special Programs

Separating scammers from legitimate student loan companies can be difficult.

The latest student loan scam is an email about student loan forgiveness coming in stimulus relief legislation.

One of the latest student loan scams involves letters by mail. It has certain information to make it look legitimate, but it isn’t.

Student loan consolidation is a legitimate process, but calls advertising consolidation services are often scams.

If you have fallen for a student loan scam, acting quickly to fix the issue is essential.

Any legislation to slow down student loan scammers is a good thing, but what this particular law accomplishes isn’t clear.

Sometimes the most simple student loan scams are the ones that hurt the most borrowers.

If you are getting unexpected text messages about student loan forgiveness, chances are pretty good that it is a scam.

Student loan borrowers should treat phone calls from the “Department of Education” with a lot of skepticism.