646-755-9646

I have an email from Consumer Payday Loans about a 3,000 18 month loan. Payments are 180.00 a month. Are they legitimate?

Your 1 1/2 year loan shows a total payment of $320.00 on $3000.00. That interest rate is not realistic for an unsecured loan. It is waaaaay to low. The average interest on a payday loan is triple digits. A rate of 330 to 650 % APR (annual percentage of rate) is not uncommon. Are they legitimate? Here is a VERY simple answer for you. If they ask you for a fee in advance of getting this loan - for ANY reason. ANY reason, then yes it's a scam.

someone call want me get a loan

We have been dealing with this son of a -----. Sent $180.00 which was the first payment, then turned around when we were told that they would transfer the money into our account if we paid the transfer fee of $395.00, we put it on a green dot card and paid it, then was told that the money would be reimbursed because they could not transfer it, told me to go to Wal-Mart and gave me numbers to get cash from the Money Gram.  It was not there, I called Michael Smith again, he said we had to pay another $420.00 and it would also give us the money back, after sending almost $400.00 earlier, I told him we could not send another $420.00 up front. and advised this ass that he just screwed two senior citizens and two veterans and I would go to the State Attorney's office.  I wanted my money now!

It is a phishing scam and they will rob you blind! They originally get your info offline and every time they call you they are phishing. Report them and block their number! ! ! ! !

They called me too said same thing approved for 3000 loan send 180 so on so forth.. Min I heard go get pay card I knew it was scam.. People are f'n sick.. Please watch out.

I have an email from Consumer Payday Loans about a 3,000 18 month loan. Payments are 180.00 a month. Daniel Welch danielarcata@gmail.com
Michael

Read this:
"It is illegal for companies doing business by phone in the U.S. to promise you a loan or credit card and ask you to pay for it before they deliver."
http://www.consumer.ftc.gov/articles/0078-advance-fee-loans

If you or a friend need a loan, you really should read this:
http://www.consumer.ftc.gov/articles/0153-choosing-credit-counselor

In fact, the more you need the money, the more urgent it is to read that information!


Protect yourself!
Recognize that NO legitimate company is going to offer you a loan, without their doing some background / credit checks on you, and they WILL generally need a snailmailed, signed contract.

If you or a friend fell for the scam, please try to educate your other friends.  The only way to stop these scams is to cut off their source of money!

Total scam:

Pay particular attention to item #4!

Things to remember about loans offered by phone or e-mail:

Loans
1.    No reputable lender will lend you money over   the   phone.
2.    No reputable lender will lend you money by e-mail
3.    On-line lenders are nothing more than conduits for another loan scam.
4.    Advance fees for loans are always illegal.    At  least in   most    American states.
5.    If   you want to borrow money,   go to an established brick and mortar   lender that has been around awhile.
6.    If you receive a call from someone with an Indian accent either a.  threatening you or b.  offering you something, you know it’s a scam and you should hang up immediately.
7.    These people are predators, the calls are not random, they have information that they have bought from various sources and know your financial history.  If you have ever taken out a pay-day loan, they have all your information.  They know who they are calling.  They like to pick on women, single mothers, the elderly and sometimes  members of the immigrant community.   Also,  those who might be in financial difficulty.
8.    Report them here: http://www.stopfraud.gov/report.html

You've been scammed.  Your money is gone and you won't see it again.  Read below.  These are hard core Indian or Pakistani criminal loan scammers.

Pay particular attention to item #4!

Things to remember about loans offered by phone or e-mail:

Loans
1.    No reputable lender will lend you money over   the   phone.
2.    No reputable lender will lend you money by e-mail
3.    On-line lenders are nothing more than conduits for another loan scam.
4.    Advance fees for loans are always illegal.    At  least in   most    American states.
5.    If   you want to borrow money,   go to an established brick and mortar   lender that has been around awhile.
6.    If you receive a call from someone with an Indian accent either a.  threatening you or b.  offering you something, you know it’s a scam and you should hang up immediately.
7.    These people are predators, the calls are not random, they have information that they have bought from various sources and know your financial history.  If you have ever taken out a pay-day loan, they have all your information.  They know who they are calling.  They like to pick on women, single mothers, the elderly and sometimes  members of the immigrant community.   Also,  those who might be in financial difficulty.
8.    Report them here: http://www.stopfraud.gov/report.html

scam scam scam!!!  His name is mike copper, he is a scammer!  report him!

Im sorry to say that "Mike" got me too. Same story wit the green dot $ card.I should have known better. Somebody realy should do something about this.I thought it was gonna help me but he is complete scam. Anybody who is considering workin wit him do not do it u will never see any $ from him. I learned the hard way an I not the kinda person that has $ to jus give away. Now it has realy messed me up. Scam scam scammed !!!

Advance fee loans are illegal period and in some states, so are the payday loans.   Please be aware the scammers may also claim down the road that you have taken a loan and try to extort money from you that way as well!

http://www.consumer.ftc.gov/articles/0078-advance-fee-loans
http://www.fraud.org/scams/direct-marketing/advance-fee-loans
Payday loans
http://www.paydayloaninfo.org/state-information

http://dfi.wa.gov/consumers/alerts/cashnet-payday.htm
*****
http://www.cashnetusa.com/consumer-notices

http://www.nw3c.org/
http://www.ic3.gov/default.aspx
http://www.fbi.gov/
https://www.ftccomplaintassistant.gov/#&panel1-1
https://esupport.fcc.gov/ccmsforms/form1088.action
http://www.consumerfinance.gov/complaint/
http://www.fraud.org/
http://www.stopfraud.gov/report.html
Tip off FBI about this extortion attempt by filing form at: stips.fbi.gov/

Got same email and phone message from a Mike Brown that sounds like he is from Pakistan same 3000 dollar loan for 180 a month....SCAMMER

These people have been calling my phone 25 times a day for the last two days. I knew they were a scam from day one but decided for humor sake to play along. Kept him on the phone for 20 min, made him think I was puchasing his green dot card. Then I dropped the bomb, told him off and informed him that the entire call was recorded. Now he is mad calling leaving threatening voicemails.

I received an unwanted call from this number multiple times.  I called back to cancel all calls.  When I did the representative used very vulgar language calling me names, etc.  The representative had a very thick Indian accent, but insisted he was a supervisor and his name was Michael Smith.  clearly a scam.  i called back three times and it was answered directly by the same person.  Please avoid all calls by this number.

"My $3000 loan was approved...."

You may be desperate for money but this is a complete scam. Anyone calling you up offering you an unsolicited (means you didn't apply for it) loan over the phone is a scam. They may make it sound like a real company. Unless you applied for it, it's not real. Never pay up front for a loan. Don't believe you have to run and get a cash card to pay them. It's a scam.

There are so many scams going right now, I don't answer the phone unless I know the number. I let my machine screen it. Then I check the number. Sites like this one share knowledge. My favorite are the ones with a guy name like Bill, Bob, Tom, Mike who are definitely Indian or Pakistani...calling to tell me my loan is approved. lol   I don't do loan business with anyone but my credit union. Just because it sounds good, doesn't make it real. If you are tempted....get someone you trust to help you check it out. Don't say yes to anything or send money to anyone unless you know 100% and have verified it is real and not a scam.

This number 646-755-9646 has called me 10 times within an hour a and half you call bank to get information and to remove your number they hang up on you!!!!  They state the with the credit bureau!

Based on the number of calls that I have gotten from the same numbers for months. I think that the callers are North Korean. To constantly call for months and be ignored would be the work of state sponsored idiots. The average Indian or Pakistani would have given up after a couple of months.

Just got a e-mail from this company and right on the front it says Western Union or by Money Gram first installment.  Called them and told them they were being reported. It's a loan company called Consumer Pay day loans.  Course I've heard that nothing ever gets done about these places - that reporting them will not accomplish anything.