What to know about student loan forgiveness scams Loan Scams Student Loan Debt

What to know about student loan forgiveness scams Loan Scams Student Loan Debt

What to know about student loan forgiveness scams Loan Scams - Student Loan Debt HEAD TOPICS

What to know about student loan forgiveness scams

10/21/2022 10:53:00 PM

More than 10 million people have applied for student loan forgiveness but the Federal Government is warning of scammers

Loan Scams Student Loan Debt

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ABC 10News San Diego

More than 10 million people have applied for student loan forgiveness , but the Federal Government is warning of scammers. More than 10 million people have applied for their student loan forgiveness now that the Biden Administration’s application has gone live, but the Federal Government is warning of scammers. “[Scammers] are thinking this is the next Nigerian Prince money scam,” said Pete Nicoletti, the chief security officer for Checkpoint, one of the oldest and largest internet security companies in the world. “The scammers have 11 or 12 billion email addresses. Just think about that. It’s timely and it’s preying upon our sense of urgency. Everybody is talking about it. If you’re one of the people that could get back $10,000 or $20,000, that’s a huge deal.” This is what you need to know about these scams, according to the federal government’s warning:If you receive an email from any other source, experts warn you should ignore it and never click on any links they send, no matter how good or promising they might sound. Read more:
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