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  2. Beware of scams promising to reduce student debt by ... - AOL

    www.aol.com/beware-scams-promising-reduce...

    Due to the uptick in student loan forgiveness scams, the FTC has sent more than $4.1 million in refunds to borrowers who lost money to scammers. Luckily, the U.S. Department of Education has ...

  3. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Bankruptcy. Bankruptcy is a legal process that provides relief from overwhelming debt by liquidating assets or creating a repayment plan. Chapter 7 bankruptcy is ideal for unsecured loans (such as ...

  4. How to spot debt collection scams: 6 signs to watch out for

    www.aol.com/finance/spot-debt-collection-scams-6...

    Getting a call, email or letter from a company that claims to be a debt collector can be alarming. Before giving out any information, consider these six signs of a scam. 1. They pressure you. A ...

  5. Robodebt scheme - Wikipedia

    en.wikipedia.org/wiki/Robodebt_scheme

    The Robodebt scheme was an unlawful [1] [2] method of automated debt assessment and recovery implemented under the Liberal-National Coalition governments of Tony Abbott, Malcolm Turnbull and Scott Morrison, and employed by the Australian government agency, Services Australia, as part of its Centrelink payment compliance program.

  6. What are debt relief companies and how do they work? - AOL

    www.aol.com/finance/debt-relief-companies-look-3...

    Repayment timeline: It typically takes between two to four years to complete a debt settlement program. However, this is based on the total amount of debt and creditors you have.

  7. Overpayment scam - Wikipedia

    en.wikipedia.org/wiki/Overpayment_scam

    An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith. In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money. The scammer then attempts to convince the victim to return the difference between the ...

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