I previously told you about an IRS scam that is going around. Well, the IRS scam is coming from a few numbers. So I thought I would share another message: “Hello we have been trying to reach you. This automated…
Posts Tagged With: CACH
California Debt Blog: 5 Mistakes People Make With Their Credit
People are concerned, rightly so, about their credit scores. A lot of people are trying to do what they can to increase their credit score. While a commendable goal, there are some things you should NOT do. Here are 5…
California Debt Blog: Lenders Charging Fees on Top of Fees
Pay day lenders, short term lenders and these high risk lenders are now charging fees on top of fees. So, if you borrow $1,000 and the late fees are $100 they may then charge you a late fee of 1%…
California Debt Blog: IRS Scam Warning
There is a new scam running around where someone calls you pretending to be from the IRS. Let me say this again: YOU CANNOT BE ARRESTED FOR NOT PAYING A DEBT. Also, the IRS will write to you and will…
California Debt Blog: High Risk, Short Term Lenders Are More Aggressive in Litigation
As you know by now, I am not a fan of high risk, short term loans. I think these loans are bad for most people. High risk lenders are more willing to take on aggressive litigation tactics. They do this…
California Debt Blog: High Risk, Short Term Lenders Are More Aggressive in Collections
There are many reasons people go to high risk, short term lenders. Sometimes it is the only place to get the money. Sometimes they dont have a bank account or dont have access to other money. But do you know…
California Debt Blog: Most Payday Lenders Do NOT Have To Follow Debt Collection Laws
You did not read that wrong. Most payday lenders do NOT have to follow federal debt collection laws. How is that possible? The Federal Fair Debt Collection Practices Act (“FDCPA”) only applies to third party debt collectors. Since most of…
California Debt Blog: Watch out for high interest rates
Did you know that some payday lenders, cash advance companies or short term lenders, including title lenders, charge 90% interest for a loan to be repaid over several years? However, that can be on the low end. Some lenders have…
California Debt Blog: Don’t get stuck in the short term debt cycle
Okay, so this may seem weird. What do I mean don’t get stuck in the short term debt cycle? Short term debt is what many people think of as payday loans or high interest rate loans. Sometimes the loan is…
California Debt Blog: The Rosenthal Act Notice MUST Be Included in California Collection Letters
The California Rosenthal Act, or Rosenthal Fair Debt Collection Practices Act, or RFDCPA – if you like initials, is very similar to the FDCPA. There are some differences. One of the big differences is that the Rosenthal Act requires a…