Many debt collections are legal, but there are some fraudulent debt collection scams out there, including phony payday loan collection scams.
Wednesday, June 22nd, 2011 by
By Peter Stone
Payday loan collection scams involve harassing phone calls threatening arrest and jail if victims do not pay debts -- which they do not owe.
Wednesday, June 15th, 2011 by
By Ron Ford
The FTC has filed suit against several payday loan companies run by Michael Bruce Moneymaker and others, saying fraud cost customers millions.
Wednesday, April 20th, 2011 by
By Mary Rice
Encryption of your data is just the basic level of protection you need to look for. You can also check to see if the page has HTTPS in the address bar when on application page.
A Utah man and his two online payday loans companies have been sued by the SEC for defrauding investors of millions with a Ponzi scheme.
Monday, March 28th, 2011 by
By Peter Stone
Reno, Nevada, mishandled an $8 million loan short term from the state, but rather than investigating, the state is stretching out payments.
Monday, February 28th, 2011 by
By Mary Rice
In a payday loan collection scam, callers claim they are collecting overdue payday loans, but don't believe them and don't give information.
Wednesday, December 29th, 2010 by
By Mary Rice
Budget shocks are something very common these days. Many middle class Americans have started using installment lending products to get through tough times.
Consumers can see through the payday loan debt collection scam if they understand their rights, the law and their finances. Don't get duped.
Thursday, August 26th, 2010 by
By Thomas Hart
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