Student Loan Borrowers: Take Actions to Protect Yourself from Student Loan Forgiveness and Debt Relief Scams!
Fraudsters and cyber criminals prey on college graduates and their desire to pay down or consolidate student loan debt. Don’t fall for it!
Your identity stolen. Credit cards and loans taken out in your name. Bank account zeroed out. Credit score ruined. This is what can happen if you fall victim to a student loan debt relief scam!
Dishonest companies and cyber criminals are targeting college graduates, sending unsolicited texts, emails, or calls with promises to help reduce your student loan debt, consolidate your student loans, or eliminate your student loans completely. You may also see their ads pop up on social media. Don’t fall for it—these are likely scammers coming after your money, your personal information, or both.
The U.S. Department of Education Office of Inspector General (OIG) encourages you to take these simple steps to avoid falling victim to student loan scammers, and shares actions to take if you think you’ve been caught in their traps.
