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A typical scam works like this The scammer calls you and poses as a payday loan collector The fake collector then accuses you of failing to repay a payday loan. You have to wait 2 DAYS to fully pay it off only to see your loan debt increase substantially by 12.
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From the FBI site The Internet Crime Complaint Center IC3 continues to receive complaints from victims of payday loan telephone collection scams The typical. I ran up payday loans due to my gambling habit can I still make a complaint.