Business provides strategies for avoiding loan that is payday business collection agencies scams
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Jan 08, 2015, 12:35 ET
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SPARTANBURG, S.C. , Jan. 8, 2015 /PRNewswire/ — Advance America, a provider that is national of loans as well as other economic services, has become conscious of a fresh wave of https://georgiapaydayloans.org/cities/smyrna/ frauds focusing on customers in Illinois . These scam music artists, posing as Advance America representatives to gather funds from unsuspecting customers, have been in no real method associated with the organization.
Within the last couple of weeks, in specific, scammers have actually contacted Illinois residents claiming them to acquire a prepaid debit card or cable cash as a “processing cost” or “good faith deposit. they have been pre-approved for a loan, then asking” In other instances, scammers seek to gather on “unpaid” cash advance financial obligation, often threatening arrest or appropriate action or demanding individual economic information over the telephone.
“Scammers frequently utilize the standing of the best, respected company to con victims from their cash,” stated Patrick O’Shaughnessy , president and CEO of Advance America. “Legitimate payday lenders such as for example Advance America are very controlled at both their state and level that is federal won’t ever utilize the form of fraudulent and unlawful techniques utilized by scam performers.”
Advance America urges customers to determine the caution signs and symptoms of economic fraud and follow these methods for avoiding cash advance and business collection agencies scams. (more…)