Community Center

DLCA Warning Residents to Resist Scammers Promising to Help With Student Loan Debt Relief

The V.I. Department of Licensing and Consumer Affairs is warning the USVI community of scammers who may contact them to help with their student loan debt. “Many persons in the territory are anxiously awaiting the availability of the application to apply for student loan debt relief announced by President Joe Biden. Unfortunately, the community must be careful with scammers who may contact them to help with the process. Especially when asked to provide their personal information," warned DLCA Commissioner Richard Evangelista. According to DLCA, the following steps are provided by the U.S. Department of Education to protect yourself against scammers: Do not pay anyone who contacts you with promises of debt relief or loan forgiveness. You do not need to pay anyone to obtain debt relief. The application will be free and easy to use when it opens in October. Do not reveal your FSA ID or account information or password to anyone who contacts you. The Department of Education and your fe...