Millions of student loan borrowers reported receiving phone calls offering to pay back loans or outright forgiveness.
— Timothy Benson, Chief Analyst
SOFIA, BULGARIA, December 17, 2021 /EINPresswire.com/ — Federal agencies worldwide are encouraging student loan borrowers to be cautious as questionable companies and possible fraudsters are targeting borrowers with false offers of loan forgiveness.
Timothy Benson, the chief analyst at Cyber-Forensics.net, said in a news release, “with student loan payments resuming in February 2022, loan borrowers are exploring loan repayment options. But there are scammers out there looking to trick people. It is important to look into repayment solutions carefully and check eligibility for student loan forgiveness.”
Cyber-Forensics.net, a leading expert in cyber forensic services for online scam victims, took a look into the prevalent scams related to student debt relief. A detailed analysis reveals that scammers typically use phone calls, emails, letters, and texts to offer relief from federal student loans. Currently, there are three types of scams related to student loans :
Advance Fee Scam: A fraudster claims…