Free Digital Communication Tool Helps Borrowers to Avoid COVID-19 Scams
Unfortunately, it has also become an "opening" for dishonest debt relief companies to entice debtors into revealing personal information they shouldn't and paying for services that usually may be obtained elsewhere for free.
A recent example of student loan scams is somewhat ironic in that its basis was rooted in the fraudulent activities perpetrated by the schools themselves. Attendees of these schools (or the actual noteholder) were contacted and told they are eligible for student loan forgiveness due to the COVID-19 pandemic. Often borrowers were asked for their FSA PIN and to sign a power of attorney so records could be accessed and told there would be an application fee (hundreds of dollars at least).
In fact, victims of fraudulent debt relief remedies end up trusting these deceptive practices. And while there is nothing illegal about charging for student loan help, it's not necessary. No person or company can get you a lower payment or student loan forgiveness that you can't get yourself by working directly with your loan holder.
Accessible 24/7 via Mobile App (https://play.google.com/
By utilizing SettleiTsoft, debtors are establishing this convenient and seamless electronic means of communication as their preferred negotiation method, which should then stop collection calls from creditors and allow the debt obligation to be amicably resolved. Since the software is easy to use with step-by-step instructions and topic-specific videos in every section, consumers can quickly become their own super-efficient debt settlement agents and begin restoring their financial peace of mind.