Student Loan Forgiveness Scams How to Spot Them

In this episode of Debt Payoff with Fexingo, Lucas and Luna break down the most common student loan forgiveness scams targeting borrowers in 2026. With the Supreme Court blocking broad forgiveness and the new SAVE plan winding down, scammers are posing as servicers and offering fake 'fee-based' forgiveness. Lucas explains the red flags: upfront fees, promises of immediate cancellation, fake government seals, and pressure to act fast. Luna shares a story of a listener who almost paid $1,200 for paperwork she could have filed for free. They walk through how to verify a servicer's legitimacy, the role of the Department of Education's official website, and why any recruiter asking for your FSA ID password is a scam. Plus, a quick reminder that listener support keeps the show ad-free at buy me a coffee dot com slash fexingo. #StudentLoanForgiveness #ScamAlert #DebtPayoff #FexingoBusiness #BusinessPodcast #Finance #PersonalFinance #StudentLoans #SAVEPlan #DepartmentOfEducation #FSAID #IdentityTheft #BorrowerDefense #LoanServicer #ConsumerProtection #ScamPrevention #FinancialLiteracy #PodcastEpisode Keep every episode free: buymeacoffee.com/fexingo