Interest Payments Now

: Messages claiming there is "suspicious activity" or "unpaid interest/fines" on an account to trick you into clicking a link.

These are short-term, high-interest loans similar to payday loans. interest payments

: Fraudulent claims that borrowers must register for loan forgiveness or that interest payments are changing to collect illegal fees. : Messages claiming there is "suspicious activity" or

To report a suspicious text, you can forward it to or use the FTC Fraud Reporting Tool to help authorities track scammers. " "license revoked

: Language like "immediate action required," "license revoked," or "credit record affected".

: These often have extremely high Annual Percentage Rates (APRs), sometimes reaching nearly 1,000% . Red Flags to Watch For