Attorney General Aaron Ford warned Nevadans on Friday of student loan scams as the COVID-19-era repayment pause ends in October.
The continuance of student loan repayments can leave uninformed borrowers vulnerable as they navigate through the loan repayment process, Ford said in a statement. Scammers, unfortunately, will use these changes to develop schemes to swindle borrowers out of money or personal identifying information.
Fords office said people do not have to pay for help with federal student loans. The U.S Department of Education works with private companies to handle the billing and other services on borrowers federal loans.
The following loan services are free: lowering monthly payments, changing repayment plans, consolidating …
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