Connecticut Better Business Bureau has issued a warning for students who are over their heads in debt because of school loans.
Fake debt collectors reach out to students by telephone and email, offering a variety of ways to reduce or eliminate their debt, but there is a catch.
The scammers want to be paid upfront before they start their work. Unfortunately, their work can leave the victims in even more debt and at serious risk of identity theft.
Student loans run in the tens of thousands of dollars and can take a decade or more to pay off, said Connecticut BBB spokesman Howard Schwartz. They are looking for help because they are desperate, and where there is desperation, con artists move in and the victims suffer even more…
Read the full article at: https://greenwichfreepress.com/news/business/in-over-your-head-with-student-loan-debt-how-to-spot-student-debt-relief-scams-91845/