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With President Biden announcing new student loan debt relief policy this week, a "perfect storm" for scam artists to target people with fraudulent offers concerning said benefits has been created ...
Struggling student loan borrowers are looking at a real Sept. 30 deadline for some relief. Here's what you need to know and how to avoid scams.
"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 ...
FedNow was scheduled to begin formal certification of participants of the program in April 2023, with a formal launch planned in July 2023. [8] [9] [10] It operates on a 24-hour, 365-days-a-year basis, [11] as opposed to the older FedACH system that is closed on weekends and holidays.
As of this year, Americans now owe $1.77 trillion in federal and private student loan debt and while the Biden administration tried to decrease that amount, the Supreme Court issued a decision ...
2. Student loan scams. Another prevalent scam designed to cheat you out of your credit card number has to do with student loans. In this case, a company reaches out to you offering a way to reduce ...
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 ...