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I have several cash advance loans and need help in Texas. I've read several post and am getting a handle on my current nightmare however one place is going above and beyond in their collection tactics. I have a loan for $500 from SignMyLoan.net. The guy from there calls several times a day and even comes to my home to try to collect. What can I do to stop this. He even has threaten to have me arrested for the bounce check.
Debts are civil case, not a criminal offense. So you can never get arrested for that. Moreover SignMyLoan.net is an illegal lender. You owe them nothing more than the principal balance. No interest, no fees. Simply close down your old bank account and open a new one to stop debiting money from your account. Don’t worry, illegal lenders can’t do anything. They are just trying to scare you by giving false threat. If required file a complaint against them to the SAG or FTC.
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