@PHEAAaid A1: #ScamsBite
1) They promise you immediate loan forgiveness
2) Say that your loans may be discharged
3) Ask you to act immediately to qualify before the program is discontinued.
4) Charge up-front or monthly fees
A1: A tell-tale sign is often a private company that charges an up-front or monthly fee for services that are offered to you for free through your loan servicer. They often will make claims they can’t deliver on to reduce monthly payments or get your loans forgiven. #ScamsBite
Jaw ready for this? 🦈
We're hosting a Twitter chat 7.24 @ 2PM ET to educate consumers about student loan debt relief scams and how to protect yourself. Hope you can 'Mako' it. #Scamsbite#SharkWeek
.@DiscoveryEd We're hosting a Twitter chat on 7/24 @ 2PM ET and it's going to be JAWESOME! Join us during #SharkWeek to talk about how consumers can avoid student loan debt relief scams. #ScamsBite