Scam Alert: The “Department of Education” called me about my student loans
Student loan borrowers should treat phone calls from the “Department of Education” with a lot of skepticism.
Student loan borrowers should treat phone calls from the “Department of Education” with a lot of skepticism.
Lenders might ask a borrower to add another cosigner to their loan, but borrowers should say no to this request.
Student loan scammers are trying to trick borrowers into making a large payment to “settle” their debt. Several red flags make it clear these emails are not legitimate.