Posted on Sep 19, 2022
Waiting for loan forgiveness, borrowers are targets for scammers
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Posted >1 y ago
Responses: 2
PO1 William "Chip" Nagel
..."Inviting borrowers to webinars, promising to get their loans forgiven if they use their service – Rodriguez says these are the hallmarks of companies that profit off of the student loan industry. They are legitimate because they do provide a service, but it's one that borrowers, in most cases, do not need.
Rodriguez reminds her clients that when the application for loan forgiveness does come out, there will be no need to have a company fill it out.
Secretary Cardona agrees. He says the department is going to make the process simple and quick, "we recognize the user experience matters."
The application should be the easy part; the hard part is the waiting game."
..."Inviting borrowers to webinars, promising to get their loans forgiven if they use their service – Rodriguez says these are the hallmarks of companies that profit off of the student loan industry. They are legitimate because they do provide a service, but it's one that borrowers, in most cases, do not need.
Rodriguez reminds her clients that when the application for loan forgiveness does come out, there will be no need to have a company fill it out.
Secretary Cardona agrees. He says the department is going to make the process simple and quick, "we recognize the user experience matters."
The application should be the easy part; the hard part is the waiting game."
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PO1 William "Chip" Nagel good morning Brother William, solid-read/share. Thanks for sharing good buddy, keep'em coming like the mighty Niagra Falls, Waterfalls Brother!!!
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