Business collection agencies – Threats of Criminal Prosecution
You’ve got expected four questions regarding the partnership of unlawful bad check laws and regulations towards the defined deposit lending business, commonly called “payday loans,” or “check always loans.”
Together with your inquiry, you forwarded two collection letters employed by payday loan providers together with NSF checks which invoke the specter of unlawful prosecution because of non-payment of the check loan. (Copies is appended as accessory the, because of the identity for the loan providers redacted.)