Taking out an online payday loans is one of the alternatives available to help people
get a way out from their financial crush. Otherwise, there are many scammers
who take an advantage for this. You must not be fooled into paying out of money
to these scammers. When you get a very suspicious phone call about a payday
loan, you need to do several things.
First, you can simply as the caller to
send you the loan information in writing. You have to ensure that whether the
caller is a good or bad person. Second, you just need to refuse verifying any
bank account, personal information, and credit card over the phone. It is very
risky and can even put you into more troubles. Third, you can report the
telephone threats to the Federal Trade Commission. Fourth, you can find help by
filing an online Better Business Bureau complain. Letting others know about the
scam is very important.
Finally, you can find out any consumer
protection laws or state debt collection by contacting your state attorney
general’s office. What is more, you have to know that a debt collector must not
threaten to have you arrested if you do not pay.