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ABCNews Reports on Old Payday Loan Collection Fraud

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http://abcnews.go.com/Business/story?id=5621205&page=1

Check this out - this is EXACTLY what we see with payday lenders every day. Apparently some bottom-feeding foreign collection agency has gotten a hold of consumers' SSN's and phone numbers from IPDL websites, where the consumers borrowed (and repaid) years ago and they are now pulling the scare tactics we see all the time - jail time, "downloading affadavits", sending you to the legal department, etc.

Don't fall for this, folks.




suebee,great to see ya.i have been preaching this about US NATIONAL BANK for a month now.people,look at this thread and know now it is a scam.

Sub: #1 posted on Thu, 08/21/2008 - 06:24

paulmergel paulmergel
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It's about time somebody did an article on the slime bags. I've been waiting for something like this to pop up. Now maybe they can start downloading them.. :)

Sub: #2 posted on Thu, 08/21/2008 - 06:53

PinkLady PinkLady
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The interesting thing, to me, on the "comment" thread of the ABC story, is how people feel it's so easy to just hang up on these people, and presume they'll go away. It's like a whole sub-culture of bottom-feeders that people don't know exist.

Sub: #3 posted on Thu, 08/21/2008 - 07:13

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I was thinking the same thing when I was reading the comments. Obviously most of them have not had to deal with them.

Sub: #4 posted on Thu, 08/21/2008 - 07:20

PinkLady PinkLady
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PinkLady, are you posting on the ABC thread? (I'm Reenthequeen2000 on their thread.)

Sub: #5 posted on Thu, 08/21/2008 - 07:30

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No I'm not posting anything, just reading throught the comments.

Sub: #6 posted on Thu, 08/21/2008 - 08:18

PinkLady PinkLady
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Cool...was just curious. Take care...

Sub: #7 posted on Thu, 08/21/2008 - 10:36

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This guy called me and stated that he was Officer Wilcox or something like that and I called him back and he claimed to have recorded me stating that I would repay him. He also told me to fax him my debit card information and that I would have to call him every single day and that I could not miss a day and that if I did he would turn me into the authorities and I would be arrested and jailed for six months and he did not know what else they would do to me and that my social security number was blocked by the United States Government for some silly fraud activity. I must admit that it really scared me but after reading all your posts and comments I feel better knowing that this is a fraud and I will turn the tables on him the next time he call and let him know that he is being recorded and I have my attorney right here with me and I will trace his calls and have him arrested and see how he likes that. What do you guys think? Is this fraud or what because I must admit that it really ruffled my feathers.

Sub: #8 posted on Fri, 08/29/2008 - 07:28

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In the last 2 months, some supposedly, legal team that is going by the name Morgan and Morgan is continuously calling my job 4-8 times a day. I am getting in trouble for them calling so much. I have asked them to send me something by mail if I owe them, but they just refuse and continue to call my job. They threaten to throw me in jail over a loan that I had from 3 years ago and I had repaid it. It is not even on my credit. What do I do to stop them from calling my job? I have threatened legal action and my husband had cussed them out, but they still call.

Sub: #9 posted on Fri, 08/29/2008 - 15:01

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I think their home office is in Fla., but they have offices in several states, try to obtain the address of the office that is calling you and send them a DV letter and a limited CD letter advising them to contact you by US mail only, send these by CMRRR. If you have proof that you paid the loan, then send proof of that as well. BTW they can't throw you in jail for a debt.

Sub: #10 posted on Sat, 08/30/2008 - 03:06

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