3 Student Loan Scams to Watch Out For

Looking for a student loan? Looking to consolidate student loans? Looking for help? Peruse the internet; there are thousands of firms ready to give you money. Watch out. Here are three student loan scams to watch out for: 1) Advance Fee Plan: These guys will tell you they’ll get you the highest amount at the lowest rate. They charge you up front to get the paperwork started, and you do the paperwork. They collect their money and you’re left holding the bag; Student Loan Scam Alert. Deal only with reputable, preferably Federal funding agencies. Go to your financial aid office and check out anyone who has approached you as a student needing funds, and ask for help identifying reputable sources of student loans. Watch out; protect yourself. […]