Payday loan collection scam

payday loan collection scam

The Internet Crime Complaint Center has received many complaints from victims of payday loan telephone collection scams. Callers claim the victim is delinquent in a payday loan and must repay the loan to avoid legal consequences. Date Posted: Thursday, May 5, 2016 The Washington State Department of Financial Institutions (DFI) received a complaint from a Washington resident indicating that individuals using the entity name “Continental Consumer Services” had contacted the resident via telephone alleging that he had a past due balance on a payday loan. ATTORNEY GENERAL MADIGAN ISSUES WARNING ABOUT FAKE PAYDAY LOAN COLLECTION CALLS. As usual, the scammers keep trying and keep warning. It’s always best to verify any unsolicited phone calls, email or other communications requesting your personal information. First Recovery – Payday Loan Collection Scam. by rpeterson • July 7, 2016 • 1 Comment. Wednesday, July 6, 2016. The Washington State Department of Financial Institutions (DFI) warns consumers that before doing business with a financial institution, company, or individual, they should make sure that the entity is properly licensed. It is 2018 and this scam is still going strong (this is my 3rd notice in 3 years sam loan (I never got) This e-mail is a notification to inform you regarding your account with Cash Advance Inc that has been referred to my office for collection action. Introduction Even if you have never taken out a payday loan, simply by providing your personal information in an online application on a payday loan website will subject you to this scam. Payday Loan Collection Scam By Edelman Combs Latturner & Goodwin LLC | August 15, 2015. CONSUMER ALERT: SCAMMERS CLAIMING TO REPRESENT ADVANCE AMERICA TARGET ILLINOIS CONSUMERS COMPANY OFFERS TIPS FOR AVOIDING PAYDAY LOAN AND DEBT COLLECTION SCAMS. SPARTANBURG, S. The Washington State Department of Financial Institutions (DFI) has received a report of what appears to be a payday loan collection scam. A consumer reported that they had been contacted by telephone by an entity claiming to collect debt owed to a company named National Payday. The caller stated they were from NCG Consultants and claimed there was a complaint by National Cashnet Payday - Payday Loan Collection Scam. Date Posted: Tuesday, November 24, 2015. Updated: November 24, 2015 Originally posted: April 29, 2013 The Washington State Department of Financial Institutions (DFI) warns consumers to verify the license of any lender they consider doing business with. Scam Alert: Fake payday loan collectors target payday loan customers and threaten jail time and more to get victims to pay debts they don’t owe. Here’s how to protect yourself.