Scam Type
Credit Repair/Debt Relief Scam
Business Name Used
SL Finance
Date Reported
Oct 21, 2022
Victim Postal Code
66612
Total Dollars Lost
500
Scam Description
This company posed as a student loan forgiveness program identifying their program with the William Ford Act which is a Federal Act pertaining to student loans. I was told I qualified to have $66,000 of my $76,000 debt forgiven. The reason I did not get suspicious, was because I had filled out the Personal Loan Forgiveness Program with Student Aid months earlier because I work for a non-profit. I thought this letter was an extension of the PSLF. They said I would pay them $199.60 for 5 months and then pay $39 until the rest of my debt was paid. It wasn’t until the Biden/Harris plan was released and specifically stated beware of scams not containing government id’s like student aid that I became suspicious and sure enough it is a scam. I filed with the Federal Trade Commission. Visa. And my bank. And now the BBB because they refuse to refund my $500 and say they never claim to be a federal program they just use the William Ford Act on their website to get you to sign which absolves them legally from posing as a federal agency
