Tag Archives: debt sucks

Refund and Recovery Scams

Scam artists buy and sell “sucker lists” with the names of people who already have lost money to fraudulent promotions. These crooks may call you promising to recover the money you lost or the prize or merchandise you never received — for a fee in advance. That’s against the law. Under the Telemarketing Sales Rule, they cannot ask for — or accept — payment until seven business days after they deliver the money or other item they recovered to you. How the Scams Work Many consumers might […]

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The Many Names of Cash Loans

Cash advance loans have many names. I have heard them called “cash advance loans” obviously, “payday loans”, “quick cash loans”, “faxless loans”, and “wire transfer loans.” I am sure there are more names for them, but you get the point. Loans like this have become ever popular as they are quick and easy and it fills a need that banks cannot provide. When used appropriately, payday loans can be such a valuable resource! The key phrase is “when used appropriately.” Let us see first, how one would […]

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