LVNV Funding Is Suing St. Louis Residents Over Debts as Low as $426
LVNV Funding is suing St. Louis residents over debts as low as $426. 44% of cases under $1,000. What to do if a debt buyer sues you.
Payday Loans
I Need Emergency Money With Bad Credit — Where Do I Go That Isn’t a Payday Lender?
Need emergency cash with bad credit? Call 211 first. Free grants, Community Action funds, and credit union PALs exist — before you take another loan.
Debt Collector Says They Can’t Negotiate — Is That True?
When a debt collector says they can’t negotiate a lower payment, they may be telling the truth — or they may not have the authority their client gave them. Here’s how to tell the difference and what options you still have.
Do I Still Have to Pay a Solar or Home Improvement Loan If the Contractor Did Bad Work?
Your loan contract is legally separate from the contractor’s installation contract — but the FTC Holder Rule (16 CFR § 433.2) may let you stop payments when the contractor fails. Here’s what to check.
Can a Debt Collector Threaten to Have Me Arrested If I Don’t Pay?
A debt collector threatening arrest for an unpaid credit card is violating the FDCPA. You cannot be jailed for civil debt. Here is what the law says and exactly what to do next.
Can a Loan Company Call My Family or Employer About My Debt?
No — a loan company cannot call your family or employer to discuss your debt. Under FDCPA § 805, third-party contact to collect a debt is illegal. Here’s what the law says and what to do if it happened to you.
Payday Loan Debt: What It Is and What to Do
Quick Answer: Payday loan debt can be addressed through negotiating payment plans, debt settlement, credit counseling, or bankruptcy as a last resort. The best approach depends on individual circumstances, and consulting with a debt professional can help determine the most effective strategy for each situation.There are legitimate ways to stop payday loans and cancel or …
Is This Payday Loan Debt Collection a Scam?
Quick Answer: Yes, this payday loan debt collection notice from Speedy Cash/ACS is a scam based on multiple red flags including poor grammar, generic case numbers, and claims about non-existent databases. The recipient should delete these fraudulent emails and avoid any contact with the scammers.Question:Dear Steve,Speedy Cash This Year sent me some lawsuits and Last …
Tribal Payday Loans: Myth vs Reality
Quick Answer: Tribal payday loans must comply with state lending regulations despite lender claims of immunity, and borrowers should file complaints with their State Attorney General before considering bankruptcy. Most consumers fall behind on these high-rate loans by design, but states have successfully sued tribal lenders for injunctions against predatory practices.Question:Dear Steve,Hello, I have messed …
Payday Loans: When They Help and When They Hurt
Quick Answer: Payday loans can help with emergency cash but become harmful when borrowers take multiple loans, as seen with this reader’s seven payday loans. Options include checking if online lenders are legally authorized in the borrower’s state or considering bankruptcy to discharge all payday debt permanently.Question:Dear Steve,I have seven payday loans.I can’t pay my …
