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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. ... The application will be free and easy to use ...
More than 7,100 student loan borrowers will receive $3.5 million in refund checks after a consumer protection agency said they were scammed by a student debt relief company in renegotiating ...
According to Forbes and anti-spam/scam platform RoboKiller, Americans lost $5 billion to student loan fraud in 2022. Borrowers received 700 million student-loan-related robocalls every month last ...
With the resumption of student loan payments set for next month, robocalls scams are surging. An estimated 350,000 such calls were placed so far this month, CBS News reported. See: An Ancient Rule...
Great Lakes Higher Education Corporation was one of the largest student loan providers and guarantors in the United States. [1] Headquartered in Madison, Wisconsin , the corporation is non-profit . It was one of the four largest companies which service United States federal student loans: Great Lakes , Nelnet , Navient , and the Pennsylvania ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Around 44% of federal student loan borrowers who began repayment this month have a new loan service provider, according to the Consumer Financial Protection Bureau, after three loan service ...
The organization also calls for the removal of exemptions given uniquely to the student loan industry from Fair Debt Collection Practices Act, the Truth in Lending Act, and state usury laws. [1] StudentLoanJustice.org has 16,080 members in its Facebook group [ 2 ] and additional members in its various mailers and lists.