Oct 26, 2010
Fed Loan is a servicing agency for YOUR FEDERAL EDUCATION LOANS folks. It's not a fraud. They called me today and did not leave a message, so I looked it up and called them back at the same number that came up on my caller ID. It turns out that, yes, they are Fed Loan Servicing, and yes, I do owe them money because my wife forgot to send them a payment. :-) As a general rule, any time someone calls you and asks you for your SSN, DO NOT GIVE IT TO THEM because you have no way really to verify if they are legit or not and chances are they are criminals; you can always call back at a number you have on one of your statements and take care of business without risking compromising your personal info, or worse. But, also as a general rule, it's a pretty good idea to repay your loans, especially the ones you owe to the fed, and not calling them back could result in a "ding" on your credit. And don't count on ANY federal agency just going away. Take care of it! Peace out.