How Debt Consolidation Works

I had been getting calls at work everyday from these crooks. You can learn more about Steve, here. Eliminate late fees and over limit fees. He said he was an officer and he would arrest me. Research the company and the services it offers. The same thing just happened to me. Federal Trade Commission ].

Federal Trade Commission

Learning to avoid payday loan scams

Avoiding Debt Consolidation Scams. Payday loan debt consolidation companies also might help you get into a debt management program where you pay off the amount over an extended period of time. Another form of payday loan consolidation is using a credit card to get a cash advance that would be used to retire the payday loan. Just as diet pills are usually too good to be true, so are most debt consolidation offers. Remember, no new loan is going to free you instantly from your debts. Remember, no new loan is going to free you instantly from your debts. 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.

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The McBride Law Firm: Putting Clients' Needs First

You might think an online payday loan is a quick and easy way to help stretch your money. But before you enter your bank account or any other personal information on a payday loan website, back away from the keyboard! That online payday loan might be a window to a scam. This time around, the scammers took advantage of people looking for online payday loans by tricking them into completing an online application.

Once the company had their account numbers, they enrolled unaware consumers in an ongoing membership program for an online mall. But because the terms of the program were obscure and buried deep in the website, there was no way for the consumers to know.

And the company took their silence and failure to cancel as acceptance and permission to regularly debit money from their accounts on a regular basis. So how can you avoid a scam like this one?

It can be tough. But knowing how some scam operators work can make you think twice about the sites you visit and what you do when you get there.

If you suspect a scam, file a complaint with the FTC. They change their phone numbers constantly and if you ask them where they are located they will say different places in the U. S but they are located in India. Change your bank account and check your credit reports too. I was called by Amanda from Johnson's law firm and has anyone been called from Williams just ignore the call..

As this calls are from india. I've been getting calls from If they call me and I don't answer they light up my phone and then start calling work and asking for a manager or supervisor What do I need to do to end this. Im amazed when these stories get to me.

Open a NEW account, then. It is NOT your name or phone number that matters ALL that matters, IS: It is good to show a real live person whats going on. Just say, "who do I speak with, NOW, about faudulent activity in my acount? Just state it as fact. You dont need to know who broke in your house, exactly, do you, before you go tell the police you were robbed and they better catch the robbers!

Will you please find out the best contact name for who I should call, and their number from your corporate office? Or, at least get ME in touch with them to get some guidance. You MAY have to take it in cash. Just hold it in your hand for the 5 min it takes her to open the new one, and then deposit it all. You are NOT asking them to do you a favor. This is business, and YOU are the customer. You do NOT need to sound like youre "trying," at --either convincing them that it is TRUE or of anything OR like you want to explain and explain so you can "hope" they let you "get out" of paying for the charges and withdrawals made Yes, you probably WERE tricked into giving someone access to your debit card We have caught a few I appreciate your insite.

I have taken your advise in consideration. These basterds have been harrassing me for more then 2 years. I will do anything to make this stop so thank you I'll give it a shot. I was taken for close to I had been getting calls at work everyday from these crooks.. I called the first company which I had paid in full they ask who is call you I told them then they put me on the line with a supervisor who called the company turns out my account for the loan had been sold to 20 different places all of which where trying to collect in the same loan Recently he left me a message threatening me stating that if he does not hear from either me our my attorney I will not like the hell that will be ensued on me and my family!

After googling the number online I found out that I am not the only one and he uses a different name every time These people are from India pulling the same scheme on tons and tons of people. People have gotten fired from their jobs due to them calling them constantly. They don't only change their names they also change their numbers quite often too.

I am doing my research to catch these scumbags because jail is where they belong!!!! They are just modern day loan sharks. They don't encourage this because they don't make much off it.

Be careful or you'll find yourself on that long black train to payday hell. I don't care what anyone owes these vulchers, the low life collection agents have no idea why your account is delinquent and they are not paid to pass judgement. So if a company is using rude or fear inducing tactics as a way to manipulate vulnerable and decent people, then they have already broken the law because they are prohibited by the law to use aggressive tactics to collect on bad debt. So ignore these bastards as they clearly don't respect the laws that govern their own conduct in collecting debt.

I did not the first number for the loan is and the number for the federal trade commission is can you provide me with any help getting my money back. You most likely will not get your money back. The number to the TFC is File a report. The Federal Trade Commission doesn't collect debt from individuals. The agency doesn't "flag" people's Social Security numbers because of debt either.

This is another version of an imposter scam where someone claims to be from a government agency and demands payment. We've written about this in several recent blog posts:.

Hello, James, I recently did the same thing, applied for an installment loan, and purchased a green dot money park card and loaded Fraud division, they wwill need a copy of receipt and the front and back of the great dot scan, to investigate.

I still trying to get my I keep getting phone calls the last one was from I asked when did the FTC call citizens regarding debt. I never got an answer. Avoiding Debt Consolidation Scams. As painstaking as it is, reading the fine print will help you to avoid costly mistakes.

Beware of companies that pressure you into a plan or make any guarantees without looking into your specific needs. Research the company and the services it offers. It is better if it offers a wide range of options and education on how to handle debt.

It also can't hurt to look up companies on the Better Business Bureau. Contact your creditors and ask them if they will work with the company.

Read the fine print: Make sure to review the agreement closely, ensuring that it outlines the finance company's plans and its timeframe. Before you start paying the finance company, ensure that your creditors have accepted the company's proposed plan. Until they do, be sure to continue paying your bills as usual. After you begin the program, keep a close watch on your statements and call the creditors to ensure they receive payments.

A portion of the total debt which could be up to 18 percen A portion of the amount you save which can be around 25 percent Sign-up fees Monthly fees both service charges and flat fees. Making a budget from CNNMoney. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. Please enter your name. Please enter a valid email address.

Please enter a valid phone number. Please verify that you have read the disclaimer. The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form. Putting Clients' Needs First Every day, our firm sees clients who turned to debt consolidation programs and payday loan companies for help, only to be left with even larger amounts of debt.

Protect Yourself, Know Your Debt Relief Options Radio and TV advertisements from payday loan and debt consolidation companies promise to discharge your debts for pennies on the dollar owed.

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Payday loan scam – calling my work asking for the manager over times a day, saying I owe money from an old payday loan debt – ultimately threatening me saying he knows where I. Avoid Debt Consolidation Scams The McBride Law Firm: Putting Clients' Needs First. Every day, our firm sees clients who turned to debt consolidation programs and payday loan companies for help, only to be left with even larger amounts of debt. Internet PayDay loan scams are a very serious problem. The amount of scam artists selling cash advance loans on the Internet is increasing daily. As you may already know is dedicated to brining awareness to these Internet scams.