Before & After Graduation - Identify Scams
Con artists movies can be very entertaining, but there's no enjoyment when you are the star and your bank accounts are being drained.
Don’t be persuaded by business/organizations who claim to be able to resolve your student loan issues or even have the debt forgiven. If it is too good to be true, it probably is! Be vigilant about identity theft and keep aware of your credit history and your credit score.
- Keep all logins and passwords confidential.
- Shred receipts and documents when they are no longer needed.
- Beware of websites, emails and phone calls that may try to gain access to your information.
- Report suspected cases of identity theft to the police and the credit bureaus immediately.
- If possible, while in school, pay on interest and reduce the overall cost of the loan.
- Pay the full amount owed on a credit card, not just the minimum amount. You can save on interest accrued.
- Any time there is a struggle making payments, contact your credit card company, lender or student loan servicer to discuss your options. Learn about your student loan repayment options.
- Beware of any company promising to get any debt forgiven. Research that company and ask questions.
Learn about ways to avoid scams and spot potential fraud.