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Can payday loan company sue

Updated: 9/18/2023
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13y ago

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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.

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13y ago
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