AG James offers guidance as federal student loan payments restart, warns of scams
Attorney General Letitia James has issued a consumer alert aimed at New York borrowers with federal student loans. Payments on these loans will resume this month, October 2023, and James is offering a series of tips to help borrowers navigate this transitional period. She also warns New Yorkers about scammers who may be posing as student loan servicers.
“Anxiety and confusion are widespread among borrowers as federal loan payments resume,” said James. “These tips are intended to help manage that debt and take advantage of available relief programs while staying vigilant against scammers.”