Complaint Review: sarah.williams@advancecashservices.com

 Just received this email at my work email account:

Dear Debtor,

As you are aware, you have a small pay day loan bill of $986.45 that remains unpaid. We feel we have done everything possible within reason to collect the money you owe us. We have decided that unless you make immediate plans to repay us this money, we will write this debt off our books and claim it as “bad debt loss” to the IRS.

Did you know that any money you owe us and don’t pay should legally be declared as “additional income” for you or your business during the year in which you incurred the debt?

If we decide to write off this debt, we will use IRS form 1099-A which will show the IRS that the $986.45 became income for you and bad debt for Advance Cash America.

Please, for your sake, pay this bill or do revert to set up some type of Settlement plan for you. If we have not heard from you within 2 days of the date of this e-mail, we will submit papers to the IRS to initiate action.

Thank You

Here is a simple question: Do you really want the IRS poking around your tax returns to see if you claimed that money as income? Wouldn’t it just be easier to pay your bill?