Recently, there has been an increase in the rate of complaints from students who have fallen victim to fraudulent schemes disguised as student loan forgiveness plans. These victims are lured by frauds offering an extension or forgiveness of such loans and end up losing hundreds or thousands of dollars in the process.
It’s often hard to distinguish the scammers from the real agencies, which has led to the ease of operations by those scammers who prey on innocent victims. As alarming as this is, it can be prevented, and indeed there are ways you can avoid falling for student loan forgiveness scams.
