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To say the staggering student loan debt is a crisis is an understatement. It impacts almost 43 million people, according to the Department of Education, and scammers are taking advantage of the ...
• Income-contingent Repayment loan (ICR) - The lesser of the following: 20 per cent of your discretionary income or what you would pay on a repayment plan with a fixed payment over the course of ...
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 U.S. Department of Education has provided ...
• 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.
"Hey, it's Elizabeth with Student Advisors," a warm, professional voice began in a voicemail left on Sept. 13, weeks after the Biden administration announced it would be offering up to $20,000 in ...
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 ...
What are 800 and 888 phone number scams? If you get an email providing you a PIN number and an 800 or 888 number to call, this a scam to try and steal valuable personal info. These emails will often ask you to call AOL at the number provided, provide the PIN number and will ask for account details including your password.
Also in August, the FTC shut down additional scams operations that falsely promised to reduce or eliminate student loan payments under "Biden Loan Forgiveness," even though the president’s up to ...