Does the student loan forgiveness call you?

Borrowers have reported receiving phone calls, emails, letters, and/or texts offering them relief from their federal student loans or warning them that student loan forgiveness programs would end soon.

Why do I get so many student loan calls?

If you’ve been getting emails, phone messages, or texts about how to qualify for student loan forgiveness, you’ve likely been the target of a scam. No, these scams aren’t new, but they’ve picked up steam during the Department of Education’s Covid-relief pause on student loan interest and payments.

Are these student loan forgiveness programs legit?

Student Loan Forgiveness Is Real. There are legitimate government programs that borrowers can participate in to have their student loans forgiven. Once forgiven, their remaining balance is erased. Student loan forgiveness may also be called debt cancellation or discharge.

How do I stop student loan calls from forgiveness?

Add your number to a ‘Do Not Call’ List. You can register your phone number for free with the National Do Not Call Registry. The Federal Trade Commission (FTC) — the same agency that recently reimbursed 40,000 borrowers defrauded by relief scams — set up the registry in 2003.

Why am I getting so many spam calls all of a sudden 2022?

One of the biggest concerns heading in to 2022 is scammers posing as legitimate businesses. If you’ve gotten a call from someone regarding your car’s warranty, you’re already familiar with this one. In 2021, the top scam was fake auto warranties, making up 51% of all scam call attempts.

Do student loan companies call you?

If you’re behind on your payments, you may receive legitimate calls about your student loans. But don’t assume that a call is legitimate simply because you’re behind on your loans. Remember: You don’t usually have to pay for help with managing your student loan debt.

What is the student loan forgiveness Center?

The PSLF Program was established to encourage individuals to work in public service by forgiving the remaining balance of their Direct Loans after they have made 120 qualifying payments while employed by a qualifying employer.

Why am I getting calls from Navient?

Here’s what you need to know. You receive a call from a person claiming to represent Navient. They explain that as a part of the lawsuit settlement, your student debt is partially or completely forgiven.

Do student loan forgiveness programs email you?

Student loan forgiveness scams are on the rise. Here’s how to protect yourself. If you get an email, letter or call about student loan debt forgiveness, pause before you send along any of your personal information. It could be a scam.

Is the Navient lawsuit real?

The Navient student loan settlement is an agreement between Navient and attorneys general for 39 states and the District of Columbia to resolve lawsuits that accused Navient of: Giving high-interest loans to students who it knew likely could not repay the debt.

What happens if you call back a spam number?

“When you call back not only are you verifying the number is attached to a real person but that you’re willing to make the effort in calling back an unknown number,” she says. “This puts you at risk for scammers to call you at a different time and try to scam you with another ploy.”

How do I stop spam calls from coming to my phone?

You should be able to open the Phone app and select recent calls or call history. Tap the number you want to block and find the command that says block and/or report as spam. Confirm the request to block the number. Some Android devices also allow you to block all unknown callers.

What to do if you are on the Do Not call list and still get calls?

If you receive a sales call despite being on the National Do Not Call List, or if you ever receive a sales robocall, you should hang up immediately, recommends the FTC. In addition to the call being illegal, it’s likely the company is promoting some sort of scam. In addition, the FTC encourages you to file a complaint.

Why do I keep getting voicemails about student loans?

(KAKE) – Scammers are now targeting people who have student debt. Someone may try to call and leave you a voicemail, insisting that you qualify for student loan forgiveness. As nice as that may be, it is probably untrue.

How long does it take to process student loan forgiveness?

Some borrowers are in the process of consolidating now. But since the process typically takes 30-60 days, most of these borrowers have not yet had their student loans forgiven under the PSLF waiver. Borrowers who have Direct loans, but have not certified their employment.

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