The Federal Trade Commission warned that scammers may call and text federal student loan borrowers with offers to “help” as payments restart in October.
— and scammers are trying to take advantage, the Federal Trade Commission warned Thursday.
Fraudsters may try mislead borrowers by offering assistance and asking them to pay for it, Ari Lazarus, consumer education specialist at the FTC, wrote in a. Those fake offers might include lowering borrowers' monthly payments, avoiding repayment or getting their loans forgiven. "Worried about repaying your loans? The calls and texts that offer 'help' might be tempting," the alert said."But before you act, know how to spot the scams."
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