Have you ever received a phone call from a so called law firm threatening to sue you for check fraud? Have they told you that if you failed to pay them, they serve court documents to you and will show up at your job or worse yet, arrest you and called you at work? Are your family and friends about being sued for conspiracy to your offense being harassed and threatened?
These are the most common strategies used by scheme companies now so that you’d supply your credit card or bank account info to them. They let you know that you have to pay a payday loan debt off that you allegedly borrowed from a lender online.
Who’d not be scared of these risks? Most individuals who receive these phone calls are those who did get a pay loan over the internet at some point or another. Let us face it; payday loan borrowers are repeat borrowers. It’s not impossible that one may forget which internet companies they really have borrowed money from. Upon receiving one of these calls, one might believe that they forgot to pay the lender off and now could be the time to pay them back.
It’s not hard to believe these scammers either. Most will tell the victim that they have been collecting the money to pay off payday loans that they may now still owe, or did owe before. 99% of the time, they are going to convince you that you borrowed the payday loan by saying the identical precise info that’s normally used to apply for a loan: your bank account number, your social security number, employer information, and personal references.
If they’re not your payday lender so how did these companies get a hold of your advice? How can you be certain that this can be a scam?
There’s no specific answer as to how your personal and private information is gathered by these scam companies. The procedure may take years to break and is still under investigation.