Nov 8, 2013
The red flags are here:
1. Asking for money upfront to secure the loan or advance fee
2. Asking you to pay with a green dot or similar card.
Advance fee loans are 100% illegal..
And some payday loans are illegal in some states
http://www.consumer.ftc.gov/scam-alerts
http://www.consumer.ftc.gov/articles/0078-advance-fee-loans
Payday loans
http://www.paydayloaninfo.org/state-information
You can report them here:
https://www.ftccomplaintassistant.gov/#&panel1-1
https://esupport.fcc.gov/ccmsforms/form1088.action
https://complaints.donotcall.gov/complaint/complaintcheck.aspx?panel=2
http://www.consumerfinance.gov/complaint/
A new law went into effect the 16th of Oct also:
http://www.tcpalaw.com/
http://www.kleinmoynihan.com/publication/new- ... ctober-16-2013/