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The Guardian - UK
The Guardian - UK
Business
Shane Hickey

The student loan scam looking to dupe already anxious students

A student on the phone examines a credit card while sitting near a laptop
The Student Loan Company says it does not provide services through WhatsApp and won’t initiate contact on social media, so be suspicious if you are contacted via either. Photograph: Reeldeal Images/Alamy

You are about to start university and can’t wait but then you receive a worrying text message. It is a few days before the first student loan payment is due to land in your account and apparently someone has tried to alter your bank details.

“Our records indicate that your bank details on your student finance account were changed on Friday 16th. If you did not do this please contact us immediately,” says the text.

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