If you can not pay back a payday loan the account can go into collections until repaid. The payday loan company may also file a claim in court. Failure to pay back a payday loan will not result in jail time.
i would like to know thw same thing because i have a payday loan and they are callin my job and telling my boss i have had check fraud
Yes, American Payday Loan does seem to be a scam. The Washington State Department of Financial Institutions (DFI) says that it is a scam and also operates under the names:Advance AmericaCash Advance Payday LoanPriority Loan ServicingCash Priority Loan ServicingPriority PaydayloanPriority Payday Loan Servicing, LLC
There are at least four (4) ways to get out of paying a payday loan, summarized as follows: * Repay the loan * File bankruptcy * Die * Ignore the loan, change bank accounts, and never use that payday lender again But according to me the best way in all 4 is the first one "Repay the loan" on time i.e. on your next payday.
An online payday company cannot file criminal charges in Texas. It is an unsecured loan with little recourse but a judgment in a court of law.
No. And they are not really investigators. They are sleazy payday loan collectors impersonating officials, which is illegal for them to do. File a complaint with your local police agency, your state financial regulation agency and the FTC.
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, payday loan companies cannot file criminal charges in Michigan. However, they can pursue other legal remedies, such as civil action, to collect on any outstanding debts. It is important to be aware of your rights and responsibilities when dealing with payday loans in Michigan to avoid potential legal issues.
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.
It's not even a misdemeanor to default on a payday loan. Payday loans are governed by law as any other loan. They cannot file criminal charges. At most, they can sue you, if your state allows payday lending. Some states have made payday lending illegal. Research the Fair Debt Collection Practices Act (FDCPA). This will tell you what collectors can and cannot do by law.
payday loan yes was a payday loan company that was bought out by Spotya there now at http://www.Spotya.com