People are struggling to pay off their education loan wherein they are desperate to find a way to lower their monthly paying. This is one of the best ways for scammers to cheat the victims by providing a false phony debt loan. Illinois Attorney General Lisa Madigan is cracking down on companies that can’t deliver on their “too good to be true claims” to reduce or eliminate student loan debt.
People are looking for debt relief, but they don’t know where to get help. That enables companies to charge them for something they could do on their own for free. Companies provide ads like Obama Forgiveness Program makes all the students to pay some $1,200 and do their work falsely regardless of knowing the false fact of companies supporting scammers.
Scammers may either make up a program that doesn’t exist, or they describe a government program and make it sound like it’s their own or claim to have some special way to access it for student. Be careful with all sorts of payments before and after any scammer get into you with any kind of mails or phone calls. Make sure you are aware of all the terms and conditions of agreement.