Scam Alert – Pay Day Loan Scam


Don't Fall Victim to Fake Debt Collectors!

MSI Credit Solutions has received a handful of concerns from consumers reaching out to us in regards to correspondence they are receiving regarding a delinquent payday loan.

Victims of this scam are receiving calls and emails from scammers who claim to be with legitimate sounding agencies such as the FBI, law firms, or state attorneys. They claim the consumer has a delinquent account and request an immediate response and payment or face legal consequences.


Who are These Debt Collection Scammers?


The supposed delinquent payday loans claim to be with any of the following:

  • United Cash Advance
  • U.S. Cash Advance
  • U.S. Cash Net
  • Cash Advance Inc.
  • Cash America International
  • Various other names were included in consumer complaints


What Do Debt Collection Scammers Do?


Scammers will consistently call consumers at their home, cell, and even their place of employment. Some consumers will only receive communication via email from non business email accounts such as AOL, Gmail, Yahoo and Hotmail accounts. When consumers request more information regarding the alleged debts the scammers escalate with abusive verbiage and threats. Victims have been threatened with arrests, legal actions, wage garnishments, and in extreme cases physical violence if the victim does not agree to pay.

Consumers who have been victimized are instructed by the scammers to either send an email response or fax with their detailed payment information. For victims receiving phone communication, they are being harassed to provide payment info via phone to supposedly stop authorities on the way to arrest them.


What Do I Do If I'm Targeted By a Fake Debt Collector?

If you are receiving communication or notices such as these please take proper precaution!

  • NEVER provide any account or bank information to any unknown agencies, whether it be via phone, mail or email.
  • Monitor your credit report for any inaccuracies.
  • Dispute any inaccuracies found within your credit report.
  • Monitor your bank accounts for any suspicious activity.
  • Contact your bank or card issuers if any suspicious activity is found.
  • Contact the three major credit bureaus and request a security alert to be placed on your file.
  • File a complaint to the FTC.
  • File a complaint with your state Attorney General's office.


More Information About Debt Collection Scams

To learn more about abusive debt collection practices:

For more information regarding this scam alert:




MSI NEW LOGOMSI Credit Solutions provides superior credit restoration and comprehensive consulting services that are reliable and affordable. Call today for your free credit repair consultation! Contact us at (866) 217-9841.

*The information in this article has been provided strictly for educational purposes.