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How to avoid student loan scams. Getting a bunch of texts, emails and calls about student loan forgiveness? Scams come in different forms, so it’s best to take extra caution. Here are a few ways ...
On Monday, President Joe Biden formally announced the opening of the federal student debt cancellation application, following a "beta" test of the process over the weekend which had drawn in 8 ...
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 ...
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.
Currently it is unclear how far back the origin of scam letters date. The oldest reference to the origin of scam letters could be found at the Spanish Prisoner scam. [1] This scam dates back to the 1580s, where the fictitious prisoner would promise to share non-existent treasure with the person who would send him money to bribe the guards.
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.
Student loan debt has become a huge burden on recent college graduates, with figures from credit-reporting agency TransUnion showing that the average student loan balance approached $30,000 this year.
• 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.