The attorney I spoke with said that unless I did committ some kind of actual fraud when I took out the loan that it was just a collection agency using scare tactics. I have called the actual orginial loan company several times this morning to try to get answers and I can't reach a actual person. I keep getting a message saying to leave a message. I was wondering if it would do any good to contact the Georgia State Police and see if they have received any complaints about this company.
Lady by the name of Ms Booker keeps calling me saying she is from National Asset Recovery Systems claiming I took out a payday loan in 2007 (which I did) but saying if I do not pay this back within 24 hours it will be turned over to the county I live in to have me prosecuted for check fraud. She says it does not fall under the Ky state payday loan laws, that it is a federal bankt that I acquired the loan from therefore it is check fraud. I haven't been able to contact a lawyer about this as of yet because it was Friday when she called. She was very convincing and I went on and paid $250 and she is expecting the other $500 by the end of this month. Has anyone else got this type of call? She says she is a investigator for the pay day loan company where I got the loan from.
Contact the loan company you received the loan from. If you owe them, pay them. If the loan has been paid then what we have here is just another bottom-feeder trying to scam another easy buck. Tell Ms. Booker that she WILL provide you with written documentation (not E-mails) and that she will not receive any more funds from you until she does. Tell her that all your calls at home and work will now be recorded and logged. Use this site and educate yourself as to your rights and do not be intimidated by the bluster and [***] used by the degenerate bogus debt collectors. Without due process threats of arrest are illegal and laughable. Threats of lawsuits are also illegal unless followed through with and garnishment of wages can only occur after court order. When it comes to bogus debt collectors, being a scum-bag is generally the rule not the exception. If it will make you feel more comfortable by all means contact an Attorney. He will more than likely (after snickering) advise you to simply ignore these parasites. And I hope that he won't charge you. You've already been used.
Smoke hunter: thanks for the reply back. Everything in me told me that is was a legit call. But when someone threatens you will a arrest warrant its pretty scary. She had all the correct info. She did email me a form with the orginal companys name and loan amount, but to me that doesn't prove a thing. When I asked her for a copy of the orginal documents she said that the only way I could get it was after they filed criminal charges. I have tried calling the orginal company to get information. I went to the store and they were able to pull the account up showing the $425 loan, but not showing that any legal action was binding. I am now trying to reach corporate. I have also spoke with a attorney this morning and she did admit this was illegal but very hard to prove. She said unless they can prove I actually committed fraud that nothing can be done. I am willing to pay the loan back, but I want to ensure the correct people get the money and that I am no longer threatened. I sent a complaint into the FTC earlier as well. thanks for your response back.
Sounds like a scam to me... check the different threads on PAYDAY LOAN SCAMS... if is a true collection agency they violated the FDCPA by threatening you with arrest and failing to send you the proof you want.
The attorney I spoke with said that unless I did committ some kind of actual fraud when I took out the loan that it was just a collection agency using scare tactics. I have called the actual orginial loan company several times this morning to try to get answers and I can't reach a actual person. I keep getting a message saying to leave a message. I was wondering if it would do any good to contact the Georgia State Police and see if they have received any complaints about this company.