Do you need help-The Cash Store Ontario Payday Loan? Any other payday loan? Contact a Trustee. THEY DID!! They are currently in formal bankruptcy protection restructuring proceedings and had to stop making loans in certain provinces, including Ontario!
Payday loans such as The Cash Store Ontario payday loan are an ongoing problem and we’ve reported on this very serious issue in a number of blogs – Legit Companies Don’t Guarantee Bad Credit Loans Toronto, Beware Of Payday Loan Companies Targeting You With Mobile Apps!, Bad Credit Loans Online Attack The Already Vulnerable, Payday Loans Are Not The Answer To Your Financial Problems, and Ontario Cracks Down On The Cash Store Payday Loan Company.
Companies and products just like The Cash Store Ontario payday loan prey on the already vulnerable, people looking for guaranteed bad credit loans. I thought that things couldn’t get worse for the consumer, until I saw a television commercial from a company called Real Payday Loan Help. This company is selling educational courses, taking advantage of people who have already been taken advantage of yet are continuing to look for companies advertising “guaranteed bad credit loans Toronto”. This is not a Canadian company; they are based in Florida. They are not professional, federally licensed trustees. They can’t offer you any help with your serious debt issues. The only thing they can do is help you create more debt.
It’s not surprising that payday loan companies and products like The Cash Store Ontario payday loan and companies like Real Payday Loan Help are moving into Canada. The United States has been cracking down on payday loan companies. Currently there are 12 states where payday loans are completely banned, but there are many more in which the industry is restricted in some way or another. In fact, only six states have no cash advance interest ceiling whatsoever. The Federal Trade Commission (FTC) enforces many laws to protect consumers in this area and they have filed many law enforcement actions against payday loan companies.
When you have serious debt issues you need help from a licensed trustee. Bad credit loans online will only help you get caught in a debt spiral. So, if you are involved with a company or product such as The Cash Store Ontario payday loan, you do need help. The Cash Store Ontario had to go to a licensed trustee and you should too. You need Ira Smith Trustee & Receiver Inc. We will evaluate your situation and provide you with a solid plan for moving forward so that Starting Over, Starting Now you can live a debt free life.