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15 lut 2024 · Knowing the risks of payday loans and associated scams can keep you from losing money, or worse: becoming a victim of identity theft. In this guide, we’ll explain what payday loans are, red flags to look out for when applying for a new loan, and what to do if you think you’re the target of a scam.
5 paź 2017 · WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today finalized a rule that is aimed at stopping payday debt traps by requiring lenders to determine upfront whether people can afford to repay their loans.
26 kwi 2024 · Payday loans can lead to repeat borrowing that makes you feel trapped in a cycle of debt. Learn how to get out of payday loans.
8 mar 2023 · Signs of debt settlement scams to watch out for include unsolicited debt relief robocalls, requests for upfront payment, guarantees of results, big promises and a lack of clear explanation about the potential effects of debt settlement on your credit.
The FTC has also filed recent actions against scammers that contact consumers in an attempt to collect fake “phantom” payday loan debts that consumers do not owe. Further, the FTC has filed actions against companies that locate themselves on Native American reservations in an attempt to evade state and federal consumer protection laws. Cases.
31 sie 2022 · Payday loan scams to watch out for. The BBB report lists a few different scenarios that make up more 3,000 payday lender-related scam complaints received since 2019. Consumers have...
Debt Relief Service and Credit Repair Scams. Debt relief service scams target consumers with significant credit card debt by falsely promising to negotiate with their creditors to settle or otherwise reduce consumers' repayment obligations.
