That depends on the state where the money was loaned. As for my state, the State of Califronia, there are specific laws that govern any type of payday loan, on line or not. Many people do not know that in California, they cannot "automatically" renew your loan every two weeks and take $90+ dollars and call it interest. In California, they can only charge interest in the amount of $17.50 per $100.00 borrowed, and they cannot "renew" or continue to charge interest every two weeks. This number is a scam, and anyone who knows anything knows that in order to sue you, civil or criminal court, they have to FILE IN PERSON, and you have to be LEGALLY SERVED!. They cannot call in a lawsuit, nor can they email it in.
THIS IS A SCAM. DO NOT GIVE THEM ANY MONEY. Any time you receive a call or n email like this always Google the name of the person, the company they claim their with and the phone number they are calling from and each time you will see that it is a scam. Even if you owe the money there is nothing criminal they can do to you. They can only file a Civil case against you. And that will never happen. And the likely hood of that happening is like hell freezing over. Don't worry about what they threaten, it's only a scare tactic to try and get money out of you. So next time they call or email you tell them to F... off or scream really loud in a high pitch level and believe me they will never call you again. also for Verizon carriers there is a really good app called MR. Number and it's free to download. You can block any number of text from coming through to your phone. Also I'm sure that other cell carriers have apps like that as well. I hope that this info was useful and that it will save you a lot of stress, headaches and most of all money.
I received the same email july 27,2012. They have been trying to reach me via phone. I did answer it but soon realized they were scammers. They even called my work which pissed me off! I told them to stop harassing me, but I dont know how to stop them or how they even got my alternate email which is where they sent it. These hackers get info from social sites and such. I hate that we are sitting ducks for this stuff! Just be wise and double check everything and if he has a foreign accent with an american name like joe clark....lol it probably is a scam!
I have received the same email like a million times and also getting phone calls from them and plenty of others saying the same thing, I am getting really tired of this and they leave messages at my work place threatening coming after me etc. How can we stop this type of harrassment? Please let me know