Apr 27, 2015
By law, debt collectors can only leave three messages a week. But we can call and hang up as many times as there are minutes in a day.
To get a payday loan, you need to provide references. We verify with one call asking for the reference's name. *67 to block caller ID.
"Hi, can I speak with Jim? Hi Jim, this is" [click - I just confirmed this is Jim's number, so I hung up]
Now, we'll call you as many times a day as it takes to talk to you.
All it takes to be used as a reference is a first name and a phone number.
If your phone costs you per minute or per use, collectors must, by law, stop calling that number.
Payday loan companies have to be very aggressive in their tactics because most customers are complete deadbeats.
Payday loans should be illegal.