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If you default on a payday loan can they sue you with the District Attorney?


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Answered 2011-09-12 21:49:19

No. The District Attorney is the government official charged with enforcing laws prohibiting criminal actions. A lender may not use the District Attorney's help in recovering money it lent to someone. For that, the lender goes to civil court using its own lawyers. And don't let those lenders scare you by threatening to use the DA.

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What happens if you default on a payday loan in Georgia?

Payday loans are considered illegal in the state of Georgia. However, if you default on a payday loan, the company can sue you in court. The judge will decide how a judgment will be carried out if the loan was given in Georgia illegally.


If you default on a payday loan in Texas can they garnish your wages?

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Should you get a payday loan?

A payday loan or quick loan should be your last resort because of their high interest rates. You will pay a lot of interest and lose a lot of money if you use them frequently and especially never default on a quick loan because of the fees.


What information do you need to present to get a same day payday loan?

You will need to present a valid identification card (passport or drivers license) and a valid pay stub and checking account statement. This is to ensure you will not default on your payday loan.


Default on payday loan in Arkansas?

They can place a lien against your assets. Or they can garnish your paycheck, they are going to get their money back.


What happens if you default on a payday loan?

Payday loan interest is exhorbitant. If you default on a payday loan the interest will escalate. Payday loan lenders are at the bottom of the heap of unscrupulous lenders. They know you are in need and they know you may not be able to pay your loan on time. Generally, they will not set up a payment program with you and therefore the interest continues to build on the amount you owe until the entire bill is paid. If you have given them access to your bank account they can cause your bank fees to escalate with Returned Check charges as they continue to send checks against your account. You should call your state attorney general's office to make certain the lender is licensed in your state. If the lender isn't licensed, the AG's office may be able to provide you with the number of an agency that can help you with this problem.


Can you get a payday loan at another payday loan place if you have a cash advance payday loan out right now?

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


What is Payday loans?

A payday loan (also called a payday advance, salary loan, payroll loan, small-dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high-interest rates. The term "payday" in payday loan refers to when a borrower writes a postdated check to the lender for the payday salary, but receives part of that payday sum in immediate cash from the lender.


Can a payday loan issue a warrant for your arrest if default?

No. If your state allows payday loans, then a payday lender could sue you civilly for default, just like any other loan. Many states have made payday lending illegal. You would have to research your state by checking with the financial regulatory agency. Payday lenders will often make threats of arrest, etc. That is illegal to do in all 50 states, in violation of Federal law. It is a common tactic to scare you into paying.


Can you get a Payday loan with the emerald card?

can i get a payday loan with a pre existing loan on my emerald card


What exactly is payday advance?

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.


Is it a felony if you banking account closes on a payday loan in Indiana?

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.


If you default on a payday loan in Texas can you go to Jail?

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Who is Payday Loans?

payday loan yes was a payday loan company that was bought out by Spotya there now at http://www.Spotya.com


Can you get a payday loan on your tax refund?

Yes, it will be helpful in getting you an instant payday loan.


From where could one obtain a quick advance payday loan?

There are many payday loan providers from whom one could obtain a payday loan. A few examples of such companies are Wonga, Pounds to Pocket, QuickQuid, Payday loans, and Payday.


Bad check threat on payday loan in Texas?

Payday loan companies cannot issue a bad check to any county in Texas. The District Attorney's office considers them to be a line of credit. The collection agency will try to scare you into believing that! Payday loan companies cannot issue a bad check to any county in Texas. The District Attorney's office considers them to be a line of credit. The collection agency will try to scare you into believing that!


How do you apply for cash until payday?

A cash till payday loan can get you fast money by advancing your next payday to the day you apply. Then your cash till payday loan get you the cash till payday ...


Can you prosecute a hot check on payday loan in Texas?

can you prosecute a hot check on payday loan


Where do you go to get a payday loan with starter checks?

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Where can one find a military payday loan?

"You can find a military payday loan in many places. The best place to go to get a military payday loan, however, would be to go to a payday place to get money really fast."


Can a pay day company file a civil suit against you if you are in default?

Yes, they can. You owe them and they will get it somehow. The payday loan companies are owned by banks.


What is the maximum loan amount that can be borrowed from Payday One?

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What is loan default?

If you don't pay a loan when due, you default on the loan.


How do you get a payday loan with account now?

Go to fastcashreview.net and see some providers you can use to get a payday loan.


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