Legal Question in Credit and Debt Law in North Carolina

I live in nc and have a few outstanding payday loans but I'm receiving calls from a collection company on their behalf asking to pay in full over the phone today or ill be served legal civil papers. Is this true? How should I know if it is real?

Asked on 9/12/13, 12:37 pm

2 Answers from Attorneys

Lynn Coleman Attorney-Mediator

Tell them to serve whatever "papers" they may have. Payday loans have been illegal here in NC for many years. See these cautions from Roy Cooper, NC Attorney General:ít-Fall-For-Phony-Debt-Collectors.aspxít-Even-Think-About-It-(.aspx

If this is legitimate, they will be able to send you a written collection notice with a real return address, and allow you to pay by mail.

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Answered on 9/12/13, 1:53 pm

Kenneth Love Ken Love Law

Ms. Coleman is dead on.

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Answered on 9/12/13, 2:34 pm

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