By K. Michelle Grajales, Attorney, Division of Financial Practices
You've probably already heard about the new government plan that will forgive some federal student loans, once it's up and running. Also in the news: the federal student loan payment pause has been extended to December 31, 2022.
But scammers are watching the news, too, so know this: you don't need to do anything or pay anybody to sign up for the new program — or the pause. Nobody can get you in early, help you jump the line, or guarantee eligibility.
And anybody who says they can — or tries to charge you — is (1) a liar, and (2) a scammer.
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