There are many ways a person can handle payday loan collectors as long as they understand who they are dealing with.
If you do not have any experience in this field you might be feeling like you are talking to a brick wall and many times you may be!
We understand how you feel and are happy to share with you some of the experience we have acquired from dealing with these people on a daily basis.
These collectors will use that fear to their advantage and really make life miserable for the borrower and this simply is not alright in our eyes.
There is a law that loan collectors must follow when trying to collect a debt called The Fair Debt Collection Practices Act or FDCPA for short.
It is hard to enforce this set of laws on payday loan collectors as they are not considered a legal debt collection agency but yet they are still allowed to act as collectors involving payday loans.
Since they all lack the proper schooling in collection practices they will use rather
Without going into too many details in this article the methods we are referring to are really just scare tactics they can’t really back up but they still use them as their main vehicle for driving home fear into the borrowers.
As you can guess this can create a really unhealthy environment around the person that is scared to death!
We have seen people do the craziest things to raise the money they do not even need to raise!
They race out and start pawning all of their family heirlooms and possessions like their TVs, computers and the likes, to actually taking out more loans to cover the current payments and we have even seen people put their houses up for sale!
Once these guys and gals have the borrower on the defense and worried about all kinds of things like wage garnishment, legal action and even jail time they can pretty much dictate what they want from the borrower and in most cases get it.
It does not have to be this way EVER!
The answer is so simple and easy and it actually will save you all kinds of money while at the same time eliminating your payday loan debt!
Earlier in this article, we promised to show you how we deal with payday loan collectors and the easiest way for us to do that is to show you how we do it.
What can a person do to stop this?
We use our Payday Loan Repayment Plan.
This plan is available to all and everyone qualifies for the help needed to completely escape all PDL dept.
Most people do not have any idea this solution is available to them and they can use it as soon as they get behind on their payments.
That brings us to the purpose of today’s article, to give the borrowers in trouble a simple way out while saving them money and collection harassment!
So instead of letting fear be your guide put that fear away and use the resources available to get rid of this problem forever! Check out the program and see if it is what you are looking for and if it is then we are happy to have been able to share it with you!
Once you have retired all of this debt you will never have to go through this kind of experience again by simply avoiding all PDL loans!
It’s your turn!
We love hearing from our visitors and we always encourage you to leave any story or questions you may have in the comments below and we will promptly answer them for you or you can give us a call toll-free at 1-877 -280-5100!
We would like to thank you for checking out our article and we would also recommend checking out our next article on how fear was used to almost destroy a young families marriage!
This family went through the experience of losing almost everything they owned before they found the help they need and we are happy to report it does have a happy ending!