Prestige Ameritech, a privately held company based near Dallas, says its name is being used in scams that include fake websites and email addresses with swindlers posing as the company or its employees.
One may also ask, are student loan forgiveness companies real?
The U.S. Department of Education (ED) offers some legitimate student loan forgiveness programs and ways to lower your student loan payments–all free to apply for through your official loan servicer. If a debt relief offer from a private company seems too good to be true, it probably is.
In this manner, how do I report scam phone calls?
- in NSW and you know the name of the business or trader, you can report to NSW Fair Trading online by lodging a complaint, or call 13 32 20.
- outside NSW or overseas, you can report online to SCAMwatch.
Is there a student loan phone scam?
Financial schemes and scams were most frequently reported to have stemmed from a phone call. If you get an email, letter or call about student loan debt forgiveness, pause before you send along any of your personal information. It could be a scam.
The PSLF Program was established to encourage individuals to work in public service by forgiving the remaining balance of their Direct Loans after they have made 120 qualifying payments while employed by a qualifying employer.
Many borrowers receive a call from an unknown number with a promise to help them repay their student loans. You only need to provide some personal information and pay an upfront fee. … Many debt relief companies charge a fee when providing services that you can do yourself for free by contacting your loan servicer.