Quick Answer: United Legal Investigation Bureau threatening emails about loans never received are 99.99% scams designed to frighten victims into paying fake debts. Recipients should ignore these threats as legitimate debt collectors don’t operate through aggressive email ultimatums or threaten jail time for civil debt matters.
Question:
Dear Steve,
A threatening e-mail saying I owe for a loan I NEVER TOOK. Telling me I will be served if I don’t pay in 24 hours. Threatening all the things you list in your bogus letters. Telling my employer, my family, the case will be downloaded in 24 hours and I will be served in 3 days. Problem is I did apply for on line loans but they are saying LEND UP I NEVER SIGNED OR RECEIVED A LOAN FROM LEND UP. They are going to serve me, set a court date and garnish my wages saying I committed online fraud.
Every weekday I read the enforcement actions, filings and fine print the outlets skip, and turn them into the one or two moves that actually improve your position — a rate worth moving for, a fee you can refuse, a deadline to beat before it costs you.
In the latest issue (Sep 16): The truck was $28,999 online. At the desk it’s $31,400. As of yesterday, the FTC says the ad was the lie.
I write Your Money Actually most weekdays — actionable money information you will not find anywhere else, and the small decisions that compound. It is free, I sell nothing, and I take no money from any company I write about.
I NEVER GOT A LOAN FROM LEND UP AND IT’S NOT EVEN ON MY CREDIT. I am scared are they allowed to put me in jail???? I have a severely handicapped daughter that I care for 24/7 as her guardian I CAN NOT HAVE CONVICTIONS OF ANY KIND ON MY RECORD TO BE HER GUARDIAN.
The Daily Money Brief — Free, at 10 AM
Money you may be owed, scams to dodge, and the fine print decoded — the consumer money news that affects your wallet, every weekday.
Lydia
Answer:
Dear Lydia,
99.99% It’s a scam. Ignore it.
This is an effective scam that has been catching people for years. Read this.
Dealing With Debt? Understanding your options is the first step. See how all your debt relief options compare — including ones most sites won’t tell you about. The Find Your Path quiz gives a recommendation based on your actual numbers, and the Scam-O-Meter checks any company’s complaint history before you sign. Federal Reserve research shows bankruptcy filers recover faster than those who don’t file.
I just received an email from them too, asking for payment from a company I have never worked with. I saw that it was a gmail address and looked everything up and keep coming up with it being false and a scam. I then found this article which helped. My heart is still racing a mile a minute and I’m trying to not panic still. Thank you for sharing your experience.
Same thing happened to me just now. I have never been in debt and thinking either someone is impersonating me or they are trying to scam me.
I literally got this email this morning and I was shaking in my boots and then I realized that some of the words were misspelled and the email was a Gmail but to play it safe. I looked it up online and came to this page.
Thank you for the comment. Talked about your comment on the latest podcast at https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/episodes/A-Little-Chit–a-Little-Chat–From-Side-Hustle-Money-to-Not-Being-a-Sucker-e2adif9
Asked question.
Answered.