Many experts assure that legitimate loan services will never call or text a borrower out of the blue, so that’s one easy way to recognize a scam when you see one.
Accordingly, can I get my student loans forgiven due to Covid?
No, there is no coronavirus-related loan forgiveness for federal student loans. The U.S. Department of Education and your loan servicer should be your trusted sources of information about official loan forgiveness options. You never have to pay for help with your federal student aid.
Considering this, how do I report a scammer? The Federal Trade Commission (FTC) is the main agency that collects scam reports. Report your scam online with the FTC complaint assistant, or by phone at 1-877-382-4357 (9:00 AM – 8:00 PM, ET). The FTC accepts complaints about most scams, including these popular ones: Phone calls.
People also ask, why am I getting calls for student loan forgiveness?
Scammers may promise student loan forgiveness, but only after collecting your personal information and a fee. Student loan debt relief companies often pose as entities related to the government, which is illegal. The FTC and other government entities have taken action against many of these companies.