FedLoan Servicing issues scam warning

National News
Student Loans Defaults_1540857246901

ADVANCE FOR RELEASE WEDNESDAY, SEPT. 14, 2011, AT 12:01 A.M. EDT – FILE – In this Saturday, Aug. 6, 2011 file picture, students attend graduation ceremonies at the University of Alabama in Tuscaloosa, Ala. The number of borrowers defaulting on federal student loans has jumped sharply, the latest indication that rising college tuition costs, low […]

(WFLA) – Customers who have federal student loans are being warned to keep an eye out for potential scammers.

FedLoan Servicing issued an alert on its website saying they were notified that scammers may be representing themselves as FedLoan Servicing agents and asking for bank information.

“In the isolated cases we discovered, the scammers requested bank information to deposit funds into customer accounts,” the notice said.

The organization says it will never request your information to deposit funds into your account. In some situations, they may collect information from you to process payments.

FedLoan Servicing says it reported the scam to authorities. They are asking all customers to stay on alert.

If you ever get a suspicious call from someone claiming to be an agent, the organization says you should hang up and call them at 1-800-699-2908.

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