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Aggressive collection practices


In US law, a payday lender can use only the same industry standard collection practices used to collect other debts.
In many cases, borrowers write a post-dated check (check with a future date) to the lender; if the borrowers don’t have enough money in their account, their check will bounce. Some payday lenders have therefore threatened delinquent borrowers with criminal prosecution for check fraud. This practice is illegal in many jurisdictions. To know more please visit site.

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