payday loans cedar rapids

May I Be Arrested for Defaulting on My Pay Day Loan?

May I Be Arrested for Defaulting on My Pay Day Loan?

The brief reply to this real question is NO! This concern frequently comes for me or my peers from the frightened victim for this “payday loan scam” once they have now been contacted by way of a self labeled “collector” plying intimidating scare techniques to get for a financial obligation. Often times the target will not owe these so even called “collectors” and it’s also simply a scammer which have acquired the victim’s information via public record information. These scammers then make an effort to intimidate the target into having to pay some cash at that moment.

How to deal with Cash Advance Scams

Usually Do Not Hand Out Private Information

The initial and advice that is foremost best i could offer a possible target is always to never supply the caller any private information after all, including banking …