What the Tech? Student Loan Forgiveness May Lead to Scams - Alabama News

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You can bet scammers will use the new Student Loan Forgiveness Program to take money from people who are hoping to get their loans forgiven. whatthetech studentloans studentloanforgiveness alabamanewsnetwork

By JAMIE TUCKER Consumer Technology Reporter

The Federal Trade Commission warns consumers about similar scams and how they work. In the case of student loan scams, they often operate by tricking people into paying upfront fees. The scammer will sound professional and maybe even call you by name. They’ll give you a case number which will further give the impression it is legitimate.

 

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What If You Just Paid Off (Or Paid Down) Your Federal Student Loans?Student loan forgiveness in this situation is complicated, especially if you made payments after March 2020. There is no such thing as loan 'forgiveness.' It is a loan TRANSFER placed upon many Americans that weren't fortunate enough to go to college. Nelnet told me I wasn’t eligible for the pause, so I kept paying. Now they say I’m not eligible for the reimbursement…
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