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If you have a 700 dollar loan that was due two weeks ago and the payday loan company said they were going to cash your blank check a week ago but never did how much time do you have to pay them back?
Wiki User
∙ 18y ago
Check the fine print on your contract. Most Payday companies can LEGALLY charge up to 30% interest, so you need to clear this ASAP. You can pay $35 to your bank and stop payment on the check. The Payday company will contact you and attempt to make a payment plan charging even more interest. Although they claim they will take legal action, it is VERY rare that they do because their bank is located in a different state. You CAN get out of this, but I highly suggest to stay away from these types of companies. They are simply legal loan sharks that wont break your legs if your dont pay.
Wiki User
∙ 18y ago
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What is a blank check company?
A blank check company is a company which exists solely for the purpose of merging with or acquiring another entity.
How does a payday advance work?
In order to get a payday advance a person must bring in the correct documents and blank checks. The borrower will pay interest and allow the payee to cash their check on their next payday.
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.
What is meant by the term payday loan no credit check?
The term "payday loan no credit check" means that the payday loan you request does not require a check that you and the company you recieve the loan from both have enough credit to carry out the transaction.
Can a payday loan company take you to court for non payment and bad check in arizona?
no payday loans are illegal in arizona
What is payday cash advance and where is it needed?
Pay day cash is a loan company that will lend you money until your payday. What they do is sync up with you paycheck and whatever amount they loaned you, will come out of your check on payday.
Can a payday loan company file charges for check fraud from a payday loan in 2005 in North Carolina and what are the statutes of limitations on this?
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
Can a payday loan company take you to court for nonpayment?
it is a possibillity but...No but they can cash the start up check.
How do I find somewhere to get a payday loan?
Check'n'Go offers payday loans. You will usually have to write a check for what you want, plus a small fee to get the loan. Once you are ready to repay, the company loaning to you will cash the check.
Can you prosecute a hot check on payday loan in Texas?
can you prosecute a hot check on payday loan
If you are given a blank check from a loan company for a vehicle purchase and instead are granted credit through a dealership can you still use the blank check at another dealer for another purchase?
no
Where can you find a company offering a quick payday cash advance?
Quick payday cash advance loans are available from various payday loan companies. For instance, Money Tree and Check 'n Go offer these short-term loans for qualified borrowers.
