(California News Service) Scammers targeting student-loan borrowers are shifting into high gear – spurred by the uncertainty surrounding President Joe Biden’s debt-cancellation plan. The Supreme Court will hear a case in late February that seeks to strike down the administration’s plan to offer up to $20,000 in debt relief to low-income student loan borrowers.
Michelle Grajales, staff attorney with the Federal Trade Commission attorney, said fraudsters are playing on people’s anxieties.
“A major red flag is any company that calls you up and asks you to pay now for help with your loans later. Because that’s something that’s specifically prohibited under one of the rules we enforce. And so it is really unlikely to be a legitimate co…
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