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Don’t pay for student loan help

May 19, 2015 By Liz Weston

Customer Support liarI just got another recorded call from a woman who cheerfully told me that my student loans had been “flagged” to qualify for a new federal program, just approved by Congress, to help me pay my debt. The fact that I’ve never had a student loan is, surely, just a minor detail.

People fall for these scams all the time, paying good money to get help they could have found for free. Right now, there’s a free student loan hotline you can call to get your questions answered and find out about your options. It’s available today, tomorrow and Thursday from 9 a.m. until 10 p.m. Eastern. Check it out at The Borrowers Hotline.

If you miss the hotline window, you can find answers to your questions at the U.S. Department of Education and at Student Loan Borrower Assistance, a site run by the National Consumer Law Center.

 

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Filed Under: Liz's Blog Tagged With: federal student loans, financial aid, loan repayment, private student loans, student debt, Student Loan Borrower Assistance, student loan scams, Student Loans, The Borrowers Hotline, U.S. Department of Education

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