Pay day loan scams might seem like old news, but they’re more widespread than ever before In reality, in 2018, a total was paid by the FTC of $505 million to one or more million victims of cash advance frauds. In this scam, a caller claiming to express a group agency that is performing on behalf of financing business informs victims they have to spend their outstanding stability on a quick payday loan. They’ll ask victims to verify determining details,…