We know that many people will look for the way of a payday loan when facing emergency of a financial crisis. However, many illegal lenders emerged as the times required, and they used these emergencies to make high profits. In Florida, for example, the law prohibits payday loans. If you find that some illegal lenders charge high fees, you can report them to the local government or the state inspector general's office. In addition, you can also check whether the lenders are legal through government channels. If you have been infringed on by illegal lenders, I suggest you do the following:
1. Freeze your account in time
If you find that your interest rate is too high or you find that the information of the borrowers on the payday is illegal, please freeze your account immediately. But this is not enough because these speculators will continue to withdraw money from your account, ignoring the cancellation order of the government. So you should promptly notify the branch manager of the bank responsible for your account and then tell him what you are suffering. If you have many bank accounts, please also close them to prevent the lender from continuing to visit on payday.
2. Notify your boss
Because illegal salary lenders are very cunning, they often use many methods to get the funds in your account. So in order to prevent your boss from accidentally leaking your bank information and to prevent your department colleagues from inadvertently providing your salary information to others without knowing the actual situation, you need to tell the financial department of the company about your discovery of illegal lenders, and then tell them not to give your salary to anyone or organization other than you.
3. Warn the lender
This step is essential because you warn them by phone, email, or internet exposure that you have found that their hands and feet are not clean. In the above forms, it must be emphasized that their behavior seriously infringes on their legitimate rights. And the law does not allow them to do so, significantly to charge loan interest and any other related fees. What you should also let them know is that you have disconnected any accounts related to them, and they have been unable to make profits from it, and you must remember to tell them that you have told the company's financial department that your salary can only be received by yourself and that you cannot give it in any other form or organization.
The last step is to show that you will report them, give them the punishment they deserve, let them accept the transformation, and let them reply to your email within the specified time to show their repentance.
4. Fair treatment
In order to protect the rights of many other consumers like you, you should report to the government in a timely manner. It is the fundamental obligation of a citizen and also a necessary means for us to jointly fight against some lawbreakers and maintain environmental security. If you are threatened in any form in the process of warning the lender, you must retain evidence in a timely manner and then submit the evidence to the relevant departments.
