Be cautious about Cash Advance Collection Scams

Ripoff Alert: Fake pay day loan enthusiasts target previous cash advance clients and threaten jail time and much more to obtain victims to spend debts they don’t owe. Discover ways to spot the warning flags and follow these pointers to prevent learning to be a target of the fake pay day loan business collection agencies scam.

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Key Points

  • Payday advances are short-term loans, frequently in smaller quantities
  • You can find brick-and-mortar cash advance providers and online vendors
  • Scammers target individuals who have actually sent applications for a cash advance, regardless if they didn’t actually borrow the funds
  • There are warning flags to acknowledge to prevent being scammed

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