Payday Police - Payday Cash Advance

Payday Cash Advance Facts To Remember

Payday Police Pointers

Choosing to take a payday cash advance can be a temporary solution, but if abused it will definitely effect your credit. Unfortunately, many people choose to take a payday cash advance knowing they might not have enough money to pay it back with interest. In cases like these, the Payday Police urge that you call the lender to discuss the situation and alternative repayment options. Most lenders are willing to help you and will offer a rollover fee, giving you more time to come up with the money owed. Whatever the situation is, DO NOT DEFAULT PAYMENT on your payday advance ! The lender could easily send your information to a collections agency. If the consumer credit agencies are notified, you may never be able to take out a payday cash advance again. As a last resort, lenders can also take you to court.

Finding Help!

There are affordable sources available to help you through your financial crisis. A payday cash advance can easily turn into overwhelming debt if not payed. If you can't seem to resolve your problem seek advice from a credit counselor. They can guide you with debt management, using credit wisely, and budgeting. Many counseling services are low cost and available at Universities, military bases, and credit unions. Payday cash advances are only good when used as a last resort!

Contact Us

If you feel you have been deceived with your online payday advance or believe you're victim to fraudulent practices, contact the FTC (Federal Trade Commission) immediately. The Payday Police Department and the FTC urges any abused consumer to contact:

www.ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. Those seem like some exciting phone numbers, and since they're tool free you wont have to take out payday advance loans just to reach out and touch some real life consumer police.

You can take control of your finances. Taking out a payday cash advance doesn't have to be an unfortunate experience. It should be designed to benefit you and not financial lenders. Cash advance payday loans should only be considered when no other option exists.