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How to handle it you owe money to one of those companies if you get a call from a debt collector who says?

How to handle it you owe money to one of those companies if you get a call from a debt collector who says?

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In the FTC, we sue abusive debt collectors and attempt to do appropriate by individuals who’ve been harmed by illegal methods. But we additionally make an effort to protect individuals from being harmed within the place that is first. That’s precisely why I’m right right here: to warn you about loan companies calling about debts that the FTC understands are bogus.

The bogus debts supposedly are pay day loans because of these organizations: USFastCash, 500FastCash, OneClickCash, Ameriloan, United money Loans, AdvantageCashServices, or StarCashProcessing. The businesses are genuine, however if you’re hearing from anybody apart from those businesses, the debts are fake and also you don’t have to pay.

Often, them, companies sell lists of those debts to debt collectors if they can’t collect money owed to. But, in this full situation, we realize that didn’t happen. The business that processed and serviced loans from these organizations told the FTC so it never offered any customer or account information to loan companies. Their attorney also filed a declaration that is legal that.

Nevertheless, we’ve nevertheless learned about abusive phone telephone phone calls from loan companies claiming to be money that is collecting towards the businesses mentioned above – and we already understand that’s not the case. Continue reading How to handle it you owe money to one of those companies if you get a call from a debt collector who says?