Many will receive unusual phone calls all throughout their life. At random, these creditors and collection agencies might reach out to you through your phone. These types of calls should naturally raise flags and alarm you. Are they really who they are claiming to be? Considering that this is 2010 and we’ve seen a lot of weird things happen in our life span, it’s okay to be curious and skeptical. Only a handful of individuals will actually go out of there way and do their own investigation. Always check to see if they are really who they claim to be!

When creditors and agencies are attempting to contact a borrower they leave brief messages in attempt to generate a phone call back. Finally when they contact you they are not able to disclose information about your student-loan until they verify that you are the correct party. It is necessary that you give up sensitive information in order for the collector on the other side of the phone to distinguish if you are really you. It is natural for a collector to confirm the match of your social security number before they speak to you in detail. Conversations over the phone may require that your social security number, Date of birth, credit card numbers, and other sensitive information is disclosed. With all this at risk, let us double check who we are dealing with before disclosing too much.

If your student loan is in default, the agency handling your loan packet will contact you shortly. Lets confirm who we are talking to before going any further….

Companies contracted with Department of Ed