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Cash Loan Group – Feasible Loan Collection Scam

Cash Loan Group – Feasible Loan Collection Scam

The Washington state dept. of Financial Institutions (DFI) has gotten complaints from Washington customers of just just what seem to be loan collection frauds. Many customers reported these people were contacted by entities claiming to gather debts owed to businesses with “Cash Advance” in their names. The collection attempts often include threats of legal actions, asset seizure, and arrest. The customers targeted would not really owe your debt being gathered. At the least a few of the customers had been targeted once they sent applications for loans from unlicensed lenders that are online.

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