Quick Answer: MyPayDayRelief appears to be a Philippines-based company operating without disclosing its foreign location to U.S. consumers. Evidence includes server hosting in Costa Rica, terms requiring arbitration in Manila, and a reader-provided address in Malate, Manila, raising transparency concerns for debt settlement services.
A reader posted a consumer complaint about MyPayDayRelief.com and claimed the company is actually located in the Philippines. Interesting accusation.
While there have been other posts about MyPayDayRelief.com on the site and in Is MyPaydayRelief.com a Scam? – Helen I did raise a concern the company did not disclose where they were located.
Looking at the MyPayDayRelief.com site gives the impression the debt settlement company is selling debt relief services as a U.S. company. But after closer inspection, the MyPayDayRelief.com site actually never does disclose where they are located. – Source. They don’t even say anything about their location on the About Us page either. – Source
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The reader suggested the company is located in Malate, Manila, Philippines. However the address provided is a bit confusing. But if I clean it up just a bit it looks like it should be:
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3rd Floor
Forex Bldg
1963 San Marcelino cor. Quinno Avenue, Malate
Manila , Philippines 1004
This might be the actual building: – Source
An inspection of the website for MyPayDayRelief.com shows that the server is not located in the U.S. either. It appears to be located in Costa Rica on American Data Networks. – Source
However, one small part of the MyPayDayRelief.com site does confirm the company is located outside of the U.S. In their terms of use they say:
The arbitration shall be conducted in Manila, Republic of the Philippines, and judgment on the arbitration award may be entered into any court having jurisdiction thereof. Either you or us may seek any interim or preliminary relief from a court of competent jurisdiction in, or with jurisdiction that includes Manila, Republic of the Philippines necessary to protect the rights or property of you and us pending the completion of arbitration. – Source
Now we live in a modern world and around the globe can be as close as around the corner. But in this particular case, if the debt settlement company MyPayDayRelief.com is located outside of the U.S. not only is it not registered to do business in the U.S., is most likely not licensed, but the personal information and data given over to them is outside of the control of U.S. authorities and regulators.
And it appears they are not registered to do business in the Philippines either.
Consumers need to be aware of exactly who they are giving their confidential personal and financial information to. In fact, as you can see below, the MyPayDayRelief.com site asks for a significant amount of personal information.
If you use a company outside of the United States you need to understand you are giving up a significant amount of consumer protection and security. U.S. regulators have no authority out of of U.S. borders and the difficulty in chasing down foreign companies can be problematic. If an issue arises, a consumer could have a very difficult time in even filing suit against the company and recovering any money.
Before You Sign Anything: Run any debt relief contract through the free Contract Decoder to spot hidden fees and unfair terms. Check the company’s complaint history with the Scam-O-Meter.
Compare Your Real Options: Most debt relief companies won’t tell you about all your options — especially the ones they can’t profit from. Credit counseling has a 21-27% completion rate. Settlement resolves about 1% of enrolled debts fully. Bankruptcy has a 95% discharge rate — and protects your retirement. Take the Find Your Path quiz for a recommendation based on your actual numbers.
