Cash Advance America – Feasible Collection and Advance Fee Loan Scams

Cash Advance America – Feasible Collection and Advance Fee Loan Scams

Note: “Advance America” Should Not Be mistaken for Advance America, money Advance Centers of Washington, LLC, that will be an authorized Lender In Washington

The Washington State Department of Financial Institutions (DFI) warns customers to prevent offer any person that is nonpublic, such as for instance social safety quantity, charge card, or banking account information to virtually any specific, internet site, or business without first verifying their identity and permit status. Customers can see whether a services that are financial or person is precisely certified to conduct company into the State of Washington utilizing the “Verify a License” function from the DFI’s website at www.dfi.wa.gov/consumers/findcompany.htm. Customers may also always check permit status utilizing the Department of Licensing at www.dol.wa.gov.

DFI has gotten reports of apparent frauds carried out by people claiming to express Advance America, money America, cash loan America, advance loan United States Of America, Speedy money, and Advance America payday advances.

Many consumers received telephone calls and/or emails from individuals claiming to represent cash loan America, money America, and Advance America payday advances in which the callers offered loans in return for upfront costs. The callers insisted that they were calling to discuss the consumers’ online payday loan applications although several consumers never applied for a payday loan. One consumer stated that, when she declined to wire money into the caller, the caller threatened appropriate action against her. Various other customers compensated the fee that is upfront didn’t have the loan guaranteed. One or more customer additionally received a similar loan offer via email.

Two customers reported finding a call from a person claiming to represent advance loan America. The consumer was told they would receive a deposit and was instructed to purchase iTunes gift cards and send them to the caller in one case. Continue reading Cash Advance America – Feasible Collection and Advance Fee Loan Scams