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Can I Be Arrested for a Default on a Payday Loan?
Overzealous lenders, collection agents and scammers alike sometimes threaten consumers with arrest and jail if they do not pay a delinquent payday loan. Not only should you **not** be arrested for defaulting on a loan, it’s a violation of the law... More »
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Source: www.ehow.com


Jun 3, 2013 ... If you have been contacted by a company threatening to arrest you for defaulting on your payday loan, chances are it is a scam or fraud.


Sep 8, 2015 ... I believe it is from a payday loan I got a long time ago. ... I am sending a local sheriff to your home today to arrest you for bank fraud. ... While the calls to friends and family might not stop, you can end the calls to yourself. ..... payday loan In The last 4 years but I did have one in 2006 that I default on but I don't ...


Jun 8, 2017 ... No, you cannot be arrested for defaulting on a payday loan. However, if you are sued or a court judgment has been entered against you and ...


Jan 8, 2015 ... Such charges can lead to arrest or even jail time if the courts decide to pursue a ... Here's how it works: payday loan borrowers typically have to ...


The short answer is, “No.” A few clients have told me that they've received phone calls from a collection agency, threatening jail time for not repaying payday ...


can i really do prison time over a payday loan? No. ... in which the caller tells the victim that there are outstanding warrants for the victim's arrest.


Nov 20, 2010 ... Not only should you not be arrested for defaulting on a loan, it's a violation of the law for lenders or their agents to threaten you with arrest.


You can't be arrested for failure to pay on a debt. In fact, it is ... Defaulting on a loan is not criminal unless fraud is involved. And its not up to the ...


This week, three people asked me: I took out a payday loan and I can't pay it back . Will the cops ... They can't arrest people for not paying a loan. Sue them, yes.