payday loan debt

In Kentucky is it legal for payday loans companies call you at work in attempt to collect debt? My boss is not very happy about it and says that it is illegal for them to do this. They called everyday for the past week.

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Mar 12, 2010
payday lender calls
by: Gerri

Thanks for submitting your debt collection question on our Q&A page.

The big question here is whether the actual payday lender is calling you at work, or whether a third party that is collecting for the payday loan company is calling you at work. This isn't always as clear cut as it seems, but if the person calling identifies him or herself with a company that has a different name than the payday lender, then it would likely be considered a third party collector. That's important because 3rd party collectors are covered by the federal Fair Debt Collection Practices Act, but in-house collectors aren't. If you tell a 3rd party debt collector not to call you at work, it must stop.

I don't see that Kentucky has a similar debt collection law that extends to creditors collecting their own debts, but I am not an attorney so I wouldn't rely on that for advice.

What I would suggest is that you talk with a consumer law attorney in your area with experience in debt collection cases. Find out how to get FREE or low cost legal advice about debt collection from a consumer law attorney here.

Payday loans are especially dangerous because they seem to grow faster than black mold in a swamp. A small loan can become very large, very quickly.

Let us know what the attorney has to say by commenting below. Hang in there!

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