Collections Agencies
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Important information
- Believed to be out of business:According to information in BBB files, it appears that this business is no longer in business.
- Additional Info:On September 5, 2013, BBB has verified that the company is not registered with the Pennsylvania Department of State as required by Pennsylvania law.
Consumers allege that company representatives insist consumers have outstanding payday loan debts. Company uses threatening language and harassing tactics as collection methods. Some consumers allege that they do not have an outstanding debt. Other consumers pay and later realize their money has been pocketed once they verify with the original lender that they do not have an outstanding debt.
Although anyone can be a target, individuals who may currently have an outstanding debt, may have had a past debt, or may have inquired about a loan may be contacted. These so-called collection agencies do not abide by current state laws in their collection practices. The collection agents are difficult to speak to, usually will not send debt in writing to the consumer and in many cases, fraudulently pocket the debts if they are able to collect them, leaving the outstanding debt unpaid. Many times, if researched, the consumer finds that they never had an outstanding debt to begin with. Therefore, the consumer loses money.
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