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Beware Payday Loans!

5 Tips to Protect Yourself from Payday Loan Scams

Los Angeles, CA.

The Huffington Post reports on five ways consumers can protect themselves from payday loan scams.  The majority of payday loans are terrible consumer loans, with sky high interest rates, hidden fees, and aggressive collection tactics.

http://www.huffingtonpost.com/nextadvisorcom/5-ways-to-protect-yoursel_b_5638533.html

If you have taken out a payday loan you cannot repay, contact a qualified debt settlement attorney immediately.  Payday loan collection tactics are among the most aggressive and deceitful of all creditors.  Their collectors will likely say anything to drive a payment.  Know your rights and know when collectors violate the law.  Contact a qualified debt settlement attorney and work to have payday loans settled for less than the balance owned.

Author: Kevin Fallon McCarthy

 

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Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.