Scammers use sensitive information trick student loan borrowers

Warn any family or friends who may have outstanding student loans to be wary of scammers contacting them about their loans. WRAL reports:

The Biden administration’s student loan forgiveness plan is not only attracting criticism but scammers too. This time-scammers are promising victims far more financial forgiveness than what is possible and using detailed and previously hacked information to trick victims into believing the scam is legitimate.

The Better Business Bureau of Eastern North Carolina put out a warning after a scammer called one student loan borrower-and told them they could pay off up to $60,000 dollars-if the borrower paid them an initial fee.

Read more at WRAL.

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