Dealing with unfair payday lender

Many illegal or unlicensed payday lenders are on the Internet, so many people are running away as many people are unlikely to work illegally in their state and how to deal with them.

If you become a victim of these illegal payday lenders, you are ready to milk. They will put you in the corner corner and will continue to pay again and again despite knowing that they are not authorized to work in your state. But they know that you do not even recognize it, so they bring a local day to your money.

Many people have reported that they paid thousands of dollars for 300 dollars for loans to illegal payday lenders. That is correct! If you receive a loan from an illegal or unlicensed payday day lender, you only need to repay the principal you take. I have no interest. Therefore, if you are already on the lender 's net on the pay day, it will be very helpful to prevent the following information from being brought into the vacuum cleaner.

I will investigate if they are licensed in your country

Please contact your state attorney general 's office. You can search Google for that website online. From there get your state's payday loan law to see if the lender you are handling is licensed to operate in your state. In Florida and Massachusetts state, the work of all internet payday lenders is illegal. If you find that a lender on your payday is illegal or unlicensed, immediately take the next action.

Close your account

Close the account immediately. However, because they have a reputation of not executing the revocation order, we can not close the account, so please go to your bank and tell the manager the hard debit block immediately placed in your account.

Please inform me that I am revoking the illegal company's ACH certification. Since we understand that you do not cancel the order even if you close the account, you need to ensure that your money will not be withdrawn. You can print a copy of your state's payday loan law and pass it to the manager.

Let your bank listen to this request

In order to make it a safe side, it is better to close that bank account. As a result, even if the lender on the pay day later withdraws the account from the account, the bank account details will no longer be displayed. Also, please inform your employer of your actions against lenders on payday dates so that they do not respect the demands of paying wages from lenders on payday dates.

Payday send e-mail and letter to lender

It is necessary to investigate payday loaner's e-mail address and physical address a little online. You can retrieve payday loaner's name by entering it in Google search. Please send them an email as well as a letter to the physical address (this is good for your documents).

Notifying you of the survey and turning out to be illegal in your state, even if your payday loan is operated anywhere in the US, you simply repay the principal. You cancels all payment assignments you may have signed with them, prohibits you from accessing part of the wages, or contacts the employer for the purpose of collecting wages.

Please state that you canceled ACH certification for any of your personal accounts and closed the bank account you know to protect your interests. Please let me know that you will file a complaint at a better Chamber of Commerce, Federal Trade Commission, State Attorney General's office.

Finally please tell me that you expect your reply within 5 days. Reply must be by e-mail or letter.

File A claim

Complaints are submitted online to lenders on payday dates along with the Federal Trade Commission, Better Business Bureau, and Attorney General 's Office of the state can. Here is the link to the complaint: Federal Trade Commission; Better Business Bureau. I am ready to receive a threatening call from a lender on payday.

But do not worry, as they are licensed and illegal. If you are sending a certificate to them without simply hanging up the phone, replying or replying, you are on the show and settle in your own words.

Pay with your own terms

If you have not paid the principal acquired from an illegal / unlicensed payday day lender, take a written consent on how to settle the loan, not a prepaid card. They usually require you to send payment with a prepaid card, but because it will cost you some charge, you guarantee money orders and send them to their physical address.

If you pay to an unlicensed illegal salary lender more than the principal you take, you will need to request a refund and a letter or confirm that you paid it completely from them. It is possible to get one or both of the two.

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