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No. If they didn't sign any papers taking out a loan, then they are not liable. If your state allows payday loans, you could be sued civilly. Some states make payday loans illegal. Payday lenders will often harass you and your references or family members hoping that they can scare them into paying. Research the Fair Debt Collection Practices Act (FDCPA). The federal law tells you what collectors can and cannot do. Most likely, the collector has violated this law. A consumer rights attorney might help get them off your family's back. Otherwise, they may have to deal with the phone calls for awhile.
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Can payloans sue you in south Carolina?
Payday loan lenders can sue you in South Carolina if you do not pay.
Can you go to jail if you owe payday loans in Colorado but you move to Texas?
No. Not paying back a payday loan or cash advance is a civil issue not a criminal one. And, most payday lenders will not sue someone for a $500 loan.
How much can payday lenders can charge up to in interest?
payday lenders can charge up to what interest
Payday lenders can charge up to how much interest?
payday lenders can charge up to what interest
Can payday loan company sue?
Yes, however, the company is not likely to do so. Payday loans are generally less than $2,000 so most payday lenders will not go to the trouble to sue someone. However, what they may do is sell the bad debt to a collector and that collector may be willing to come after the debtor as collectors are set up for recovery via the legal system.
Can payday loans sue?
Yes, they certainly can sue.
Where can i find a payday loan in the UK?
http://findapayday.com listing all major payday lenders in The UK.
Does an online payday loan's collection agency have to abide by the FDCPA?
Any legitimate collection agency has to abide by the FDCPA. They also have to abide by individual State's laws. Payday lenders are often in violation of the law. In many states, payday lending is illegal. You can report them to the FTC and your state financial regulatory agency if they are in violation of collections laws. You may even be able to sue them, but beware, many payday lenders are not even located in the US and may be hard to track down. They obviously do that on purpose.
Where can I find information on best payday loans?
Cash N Go, Easy Lenders, Payday Lenders, etc... have all been used nationwide. The thing to remember is when searching online or calling about a payday loan ask about percentage rates.
How are payday advance loads repaid?
The payday loans are repaid to the lenders on the borrower's next pay day. Individual lenders would have their own different criteria, but the underlying processes are similar.
What are the best rated payday lenders?
There are several online highly rated payday lenders. 100dayloans and AmeriAdvance both have great reviews and are highly rated. It would be important to look into payday loan ratings and reviews carefully to protect yourself as a consumer.
What does payday loan lenders mean?
Payday Loan Lenders are where you can get money now for a fee. In my opnion they are a rip-off but if you need the money in todays econmy then they are a great place to help you out...with a fee of course.
