If you are behind on paying your bills, you may soon be contacted by a debt collector. The debt collection is an act supervised by the nation’s consumer protection agency known as the Federal Trade Commission (FTC), which enforces the Fair Debt Collection Practices Act (FDCPA). This prohibits debt collectors […]
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A payday loan is offered to customers who are in terrible need of cash before their upcoming payday. As the name of this loan suggests, the lender expects to be repaid in full as soon as the debtor has received his next paycheck. Nevertheless, there are many individuals who are unable to […]
So you agreed to a payday loan and now the company you chose is constantly trying to subtract money from your bank account. This is a common practice known as continuous payment authority. Payday loan companies, also known as lenders, are not allowed to collect this type of payments from you […]