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Victim Spreads Word on Cash Advance Ripoff, Don’t Become Upcoming

Victim Spreads Word on Cash Advance Ripoff, Don’t Become Upcoming

ABC News Fixer hears from man drawn in by advanced-fee loan scheme.

10, 2014 ? — Dear ABC News Fixer: I was trying to obtain a payday loan june. The internet loan provider instructed me to deliver them an eco-friendly Dot MoneyPak card with $195 they would put the funds directly on the card on it for insurance to secure the loan.

We asked them why they couldn’t simply deposit the mortgage cash into my banking account, however the financing agent stated it had been against federal laws. So, i acquired the card and scratched from the quantity in the back and see clearly to him over the telephone. The funds were said by him is for sale in a half-hour.

Twenty mins later on, he called as well as stated my Social Security quantity ended up being that is“red-flagged the amount of money couldn’t be delivered. He stated he could get rid of the “red flag” for $500 – a figure that their attorney later lowered to $203.

At that point, we said i needed my $195 straight right back, then again they threatened to sue me for the total amount associated with the loan — a loan we never received.