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Supposedly I received a payday loan from a place called quickloans I do not remember this at all and I have had other payday loans that I have paid back Now these people say I am going to be arrest?
Wiki User
∙ 13y ago
No, they cannot arrest you or have you arrested. They are breaking the law by telling you that. Check out the Fair Debt Collection Practices Act (FDCPA). This Federal law governs collectors. If your state allows payday loans, then the worst that could happen is that they sue you civilly for failing to pay. Be sure that if they do, you let the court know how they have been harassing you illegally. Keep track. Your state Attorney General or financial regulator could give you more information for your state. In some states, payday lending is illegal. Now we know why.
Wiki User
∙ 13y ago
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With pending arrest regarding stock CMKX I am knolling to find where is Urban Casavant?
Try saskatoon saskatchewan
Can the loan company issue a criminal warrant for arrest for non-payment on a auto loan?
Warrants are issued by a judge, and not a loan company. The loan company can repossess an automobile or can sue in court to recover the vehicle or what is owed on it (plus costs). The police do not come and arrest people for not paying off a loan. Lastly, disagreements over payment issues regarding a car loan are civil matters, not criminal ones. Also please be aware that is illegal for an institution collecting debt to threaten arrest, or imprisonment. You can report this to the FTC (if they are under their regulatory authority) and state Attorney General.
Does adjudication withheld keep you from getting a job?
It is not the adjudication withheld that may prevent employment. It is the public arrest record that may prove difficult.
Can a warrant be placed for your arrest if you don't pay back a payday loan in Michigan?
Lawsuits brought by lenders are always civil court cases which do not involve arresting a defendant. There are cases, however, where a judge wants the borrower (or their legal representative) to be present during court proceedings. In these cases, the judge may place a bench warrant which will result in eventual arrest. The goal here, is not jail, but to get the borrower to show up and take responsibility for their actions.
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.
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