The State of Washington Department of Financial Institutions (“DFI”) has received a complaint from a consumer in Washington against an entity by the name of Professional Legal Aid a/k/a Professional Law Assist (“PLA”).
This entity appears to be providing or holding itself out to the public as able to provide loan modification services, and is not licensed by DFI to do so.
DFI strongly recommends that consumers deal only with those lenders that are properly licensed to conduct business. Consumers can determine whether lenders are properly licensed using the “Verify a License” feature on the Department’s website atwww.dfi.wa.gov.
Washington State residents, if you are suspicious of unlicensed activity by a payday lender please contact the Department at 1-877-RING-DFI (746-4334), or online at www.dfi.wa.gov.
If you live in another state, go to the following webpage to find the regulator in your home state:http://mortgage.nationwidelicensingsystem.org/consumer/Pages/AgencyContacts.aspx(link is external).
If you feel you have been the victim of a loan scam please contact the Federal Trade Commission at 1-877-FTC-HELP (382-4357) or online at www.ftc.gov(link is external); or contact the Consumer Financial Protection Bureau (855) 411-CFPB (2372) or online atwww.consumerfinance.gov(link is external). Because the scammers have access to bank account information and social security numbers, victims should consider themselves victims of identity theft and take appropriate precautions. The Federal Trade Commission has information for victims of identity theft available online at www.ftc.gov(link is external).
If you feel you have been the victim of a loan scam involving the Internet please contact the Internet Crime Complaint Center online at www.ic3.gov(link is external).
If you feel you have been the victim of a loan scam and are concerned about your personal financial information, contact your banking institution, and the three major credit bureaus.