Loan Collections. Chicago – Attorney General Lisa Madigan warned Illinois residents to be on the alert for scam artists posing as collectors of payday loan debt today.

Loan Collections. Chicago – Attorney General Lisa Madigan warned Illinois residents to be on the alert for scam artists posing as collectors of payday loan debt today.

ATTORNEY GENERAL MADIGAN ISSUES WARNING REGARDING FAKE PAY DAY LOAN COLLECTION CALLS

The scammers call consumers and threaten all of them with appropriate action unless the victims authorize repayments from their bank records.

In current days, Madigan’s workplace has seen a growth in customer complaints in regards to the bogus collection phone calls. The majority of the customers report they will have applied for payday advances into the past, frequently from an lender that is online but repaid the loans way back when. The consumer reportedly filled out an online payday loan application but never completed the process in at least one instance.

Madigan stressed that these complaints involve outright con artists, maybe not innocent errors by legitimate loan companies. Continua a leggere Loan Collections. Chicago – Attorney General Lisa Madigan warned Illinois residents to be on the alert for scam artists posing as collectors of payday loan debt today.