Certainly! Here's why ... when a person gets an advance on their weekly paycheck from one of these outfits, they sign an agreement that they will repay the payday loan place the entire amount, plus interest, when they get paid. If the person defaults on that payment, they have breached a written contract that is legally binding. The payday place is out the money and wants it back ... you had use of their money while you had no money, now it's time to pay it back or face the consequences ... in this case, being sued and or arrested.
Yes, a pay day loan company can definitely take you to court in Texas. If you do not pay them back and on time, you will receive a notice from collections. If you still do not pay them back, you will receive a court notice.
You can if you can prove it. You can, but there is a common phrase "You cannot sue a man of straw", which simply means that you cannot sue someone for something they do not have, if the person honestly doesn't have the means to repay the loan then you will get nothing from attempting to sue the.
You would also need to provide some sort of proof that a loan was actually made, although what counts is very much subject to debate amongst judges.
Yes and they know where you bank and/or work, so collecting wouldn't be that difficult for them.
No. Not having the ability to pay ones debts is not a crime.
The exception might be, if the debtor obtained the credit/monies by fraudulent means.
Yes
No.
Yes
A person cannot be arrested and charged in the state of Arizona for an unpaid online Payday Loan from the year of 2009. A person may either be sued or their wages may be garnished.
No you cannot be arrested; but some financial institutions will not place stop payments on payday loan items. Some banks do not place stop payments because the financial institution would be interfering with a legal contract that you signed that allows the pay day loan company to debit your account.
Yes it is possible to attain a payday loan from another payday lender if you already have a cash advance payday loan. Since the loan is for a temporary period, it is not an issue if you have another loan. Also, there are no credit checks and so the process of attaining such kind of a loan is easy and hassle-free
No, but you can be taken to court and have late fees applied to the balance.
Providing you have eating mcdonalds filet o fish you cant be arrested in the state of Minneappolis.
can i get a payday loan with a pre existing loan on my emerald card
Payday advaced is a small loan company that will loan you money until your payday. Usually they set it up to where the money they loan you comes out of your payday check.
payday loan yes was a payday loan company that was bought out by Spotya there now at http://www.Spotya.com
Yes, it will be helpful in getting you an instant payday loan.
This is a common empty-handed threat made by payday lenders. The cannot have you arrested for a payday loan, or any loan for that matter. A loan default is a civil matter, not a criminal matter. They are violating the law by telling you that you can be arrested. Payday lenders make all kinds of threats in an attempt to scare you into paying them. Scammers have also caught on to this, and they will make the same types of threats, when in fact you may not actually owe anything at all. File a complaint with FTC.gov and your State Financial Regulatory Agency. Borrowing money online and defaulting does not equal wire-fraud, although they love to tell you that it does. Think about it, if you really broke the law and were about to be arrested, would they call and warn you first? Absolutely not.