As borrowers wait on new information on student loan forgiveness, there has been an influx of reports of online scams preying on them.
LITTLE ROCK, Ark. — If you’ve got student loans, chances are you’ve probably been waiting for any and all information on the Biden Administration’s debt relief plan.
Before you get too caught up in the rush of applying for that relief, there are new warnings of online scams— and the number of them is only expected to go up.
“It’s a new opportunity for scammers to take advantage of it,” said President and CEO of Better Business Bureau of Arkansas, Janet Robb.
Janet Robb knows what a scam looks like better than most.
“Scammers like to prey on the uneducated,” Robb explained. “Those that are in need, and those that are under emotional distress or financial distress.”
Day in and day out, she has worked to warn Arkansans of scams that could cheat them out of their money and private information.
Unfortunately, new scams targeted toward those looking for student loan debt relief are at the top of her radar right now.
“We’re hearing from people that they have received emails claiming to be…
