Spotya! Online Payday Loans has connected with both customers and non-customers on social media sites. The use of Facebook, Twitter and LinkedIn has given the company access to share not only direct payday loans information, but also articles ranging from frugality to paying off debt. The payday loan industry in general has a bad name from those with bad practices, but social media has given Spotya.com an opportunity to reach out and spread the message that not all lenders are bad apples.
The online payday loan company uses social media websites to help inform its readers.
Collections agents have their work cut out for them when finding delinquent bill payers. When rent payments are left unpaid and the person moves along with a change in telephone numbers, it can be difficult to track a person down. A debt collector’s main access to a debtor is by phone or letter. There are some agents who are now looking people up via social networks.
You would be surprised at how someone with a bit of computer savvy can get information via the web. If you belong to one of more social networks, it will make a collector’s job of tracking you down a bit easier. There are ways that you can protect your personal information. You can block access to your phone numbers, emails or location within each of the social networks. Not doing so, anyone searching you will have access to the data.
Take Facebook for example. There are privacy settings which you can set to limit the visibility of your personal information. Do you want it set so only you can see the information? Your friends? Friends of friends? The default access setting is so everyone can view. People who are trying to find you will be able to get fast access to any personal information you have entered.
Some collectors have been so bold as to send a friend request in order to get inside access to any blocked information. Once you allow them onto your friend’s list, finding out where you are or how to contact you to collect debt is only a few short steps away.
Gone are the days of 50 phone books sitting on the desk to be used to track people down. Public information via the web have given collectors access to online phone books, people searches, social media forums, and court records in some states. For a small fee, the collector could use a paid source to find your personal information.
When a person joins social media websites, inputs personal data, or posts updates about moving or a new job, a collector could get access to that information. Notice of a new job will make a collector even more determined to find you knowing that you definitely have a source of money to pay off your debt.
Collections agencies do not always have the best reputation, similar to low cost payday loans online, but the fact remains the same, the people behind the companies are doing their job of collecting default debt.
