You are here: Home - Household Bills - News -

Students warned on loan scammers

Written by:
Action Fraud has warned students about a new loan scam as they start the new term.

The phishing email is designed to gather personal information from loan applicants ahead of the new academic year.

The email says that the Student Loans Company account has been suspended and details must be updated, before leading to a fake website.

The emails are deliberately timed to coincide with the new university term, said City of London Police, who run Action Fraud. Students should be suspicious of any email that asks for sensitive information such as passwords. Emails may also contain typos or rogue capital letters, designed to trick spam filters.

How to spot a phishing scam – TechRepublic gives its ten top tips:

1: The message contains a mismatched URL

2: URLs contain a misleading domain name

3: The message contains poor spelling and grammar

4: The message asks for personal information

5: The offer seems too good to be true

6: You didn’t initiate the action

7: You’re asked to send money to cover expenses

8: The message makes unrealistic threats

9: The message appears to be from a government agency

10: Something just doesn’t look right


There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

  • RT @j_g_henderson: It's been an interesting couple of weeks for stock markets, and on @YourMoneyUK Nick Dixon sets out his six golden rules…
  • RT @j_g_henderson: It's been an interesting couple of weeks for stock markets, and on @YourMoneyUK Nick Dixon sets out his six golden rules…
  • RT @j_g_henderson: It's been an interesting couple of weeks for stock markets, and on @YourMoneyUK Nick Dixon sets out his six golden rules…
Read previous post:
Investors return to the UK, says the Share Centre

The fund choices made by investors suggest confidence in the UK market is returning, says Sheridan Admans, investment manager at...