What Paydaypact does to keep you secure

With Paydaypact, the safety and security of your financial and personal information is our highest priority. We utilize the most recent methods to ensure that the Paydaypact website is safely secure, reliable, and stable to provide a secure and enjoyable experience when it comes to matching lenders for the borrower.

How we can ensure your safety:

  • We employ 128 bits of Transport Layer Security (TLS) encryption on our website.
  • We utilize Cloudflare to prevent access by unauthorized users and potential external attacks.
  • Vulnerability scanning allows us to defend against security breaches and viruses.
  • We have additional safety measures that are not disclosed to the public.

Beware of loan scams.

In the wake of the outbreak of COVID-19, the number of scams in which fraudsters attempt to exploit the crisis to advance their schemes has increased.

How we can protect you:

  • Do not respond to messages or calls that ask for personal information.
  • Be cautious when sharing financial or personal information
  • Do not send money upfront by bank transfer, or money card
  • Don’t send cash to someone if you’re not sure of having the loan they offered
  • Keep track of all outstanding debts and include contact details for the lender

Beware of scams involving debt collection

Unidentified entities have been sending out illegal fraudulent and fraudulent debt collection requests, falsely pretending to represent lenders. These messages have come by phone or email and aren’t being sent out by real lenders.

Warning signs for debt-collection calls:

  • The call originates from an unknown number
  • The caller speaks with an accent that is foreign or is rude or aggressive
  • The person is calling threats, violence, or legal actions.
  • The caller is not able to give any information about your outstanding debt.

Warning signs for debt-collection emails:

  • The email is sent from an account for personal use, like Gmail or AOL
  • The email domain doesn’t contain the actual domain of the lender. However, it could be similar
  • The email requires an immediate payment and gives urgency to pay
  • The email may threaten legal or criminal actions against you.
  • It threatens to seize your entire salary and/or wage

Simple security measures to ensure your device secure

It doesn’t matter if you’re using a computer or phone; these are the general security guidelines to keep in mind:

  • Always ensure that the operating system (OS) is up-to-date
  • Be sure to use an antivirus or firewall as an additional precaution
  • Never click on any link or download attachments that you receive in emails from unknown senders.
  • Beware of handling sensitive information. You are using Wi-Fi that is free


Jeff Gitlen

Jeff Gitlen is a graduate of the Alfred Lerner College of Business and Economics at the University of Delaware. Gitlen has spent the past five years writing and researching on personal finance issues which include credit cards, student loans insurance, and other. His writing has been featured in top news publications among them are Bloomberg, CNBC, Forbes along with Market Watch.