If this legislation actually happened, it would be headline news and easy to verify in many different ways. Many student loan borrowers think student loan stimulus legislation should exist. This particular email contains numerous red flags that should help borrowers avoid the scam. These items are nonsense but give an appearance of legitimacy.
#Awa collections scams verification#
They also added a verification code, agent id, and physical address in Nevada. The scammers also had the first and last name of the reader and included her name in the subject of the email. If you don’t have student debt please ignore this message. The email ends with contact info for the scammers and a strange note: Please be aware that these benefits come on a first come first serve basis though. This applies to all loan statuses, including those loans in default and garnishment.Īfter mentioning this “new legislation,” the email creates some urgency: It looks like your student loan may be eligible for the recent stimulus forgiveness and relief legislation, however, your application does need to be completed. Rather than including the entire email, I’ll quote a few relevant sections. However, she thought it might be helpful to alert others who receive a similar email. Fortunately, she didn’t fall for this scam. The Scam Email: Act Now for Student Loan Forgiveness from Stimulus Relief LegislationĪ reader recently forwarded the following email. Sherpa Tip: I’m especially worried about this particular scam because it sounds like an actual government program recently announced by the Department of Education. Additionally, there has been extensive discussion about student loan forgiveness or cancellation.Įnter the scammer trying to take advantage of complicated events in the news and student loan desperation… The legislation included many forms of help for struggling Americans.
The latest scam is especially dangerous because it references actual events in the news.Ĭongress passed multiple stimulus relief packages. Scammers take advantage of borrowers’ confusion and fear.
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