Beware of Scammers Taking Advantage of Federal Student Loan Payments Resuming

After federal student loan payments resume, the opportunity begins for some unscrupulous people to take advantage of this and try to take advantage of borrowers.

The Better Business Bureau has some advice for those students who during this process might not do things the right way and even send payments to personal bank accounts.

“Right now you are going to see many scammers who are going to want students to pay for the student loans they have. Also be very careful who you are communicating with,” said Hilda Martínez, president of the South Texas Bureau of Better Business.

Martínez suggests that if you are going to enter the system, pay attention since scammers also sometimes even try to change the Internet pages so that you communicate directly with them and thus you can provide them with your personal information.

“First contact the government office where you got your loans to see if they are the ones contacting you,” Martinez added.

Remember that no government institution will mark you to catch up with any type of debt. Martinez recommends ending the call and contacting your lender directly.