BBB’s tips on how to avoid student loan debt consolidation scams

AM Show

ST. LOUIS – COVID-19’s impact on daily life has lessened. Student loan borrowers whose repayments were paused due to the pandemic may be considering their options for resuming payments on this potentially life-altering debt.

This may lead some borrowers to look into debt consolidation and the Better Business Bureau cautions borrowers. They said consumers should research these options carefully and make sure to not give in to the temptation of seeking a quick fix that could turn out to be a scam.

Chris Thetford from the Better Business Bureau had tips on how to avoid these scams.

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