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How The Scam Works: (with video below) Criminals claim to be the reps of companies that offers payday loans, which are paycheck advances of cash with a short-term payback. The danger is, you could become a victim of this scam even if you never applied for a payday loan in your life. How does the scam work?

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Aug 14, 2017 Chances are, you've heard of payday loans before. Advertisements promoting these loans are everywhere, but do you know what they actually entail? A payday loan – also known as payday advances, cash advance loans, check advance loans, deferred deposit loans, and post-dated check loans – is a