answersLogoWhite

0

No, but they can sue you. We are not in the 1300's when there was a debtors prison, so your credit rating will go down, you will/may have to go to court or a collection agency will call up a whole lot.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

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

You can't go to jail anywhere simply for defaulting on a payday loan, anymore than you can for defaulting on a mortgage, car loan or credit card. There has to be something more, like using someone else's identity to obtain the loan, for a criminal offense to have occurred.


Can you go to jail in South Carolina for defaulting on a payday loan?

No, you cannot go to jail in South Carolina for defaulting on a payday loan. Debtors' prisons are illegal in the United States, and failing to repay a payday loan is a civil matter, not a criminal offense. However, the lender can take legal action to collect the debt through a civil court.


Can you be put in jail for not paying back a payday loan in Missouri?

Defaulting on a payday loan is a civil crime - not a criminal offense. Therefore, you shouldn't have any jail time in Missouri for this. And, if a debt collector is threatening that you can and will go to jail for this, then they're full of it!


Can you go to jail if you default on a payday loan in Kentucky?

No, one cannot go to jail by defaulting on any loan. One may go to jail based on one of the two (2) results, however, of defaulting on a loan: * If the court decides that check fraud has been committed during the course of the civil case, after the decision is made in the civil case the judge may pass on the particulars to the prosecutor for criminal prosecution. * If the borrower has a history of defaulting on loans, a similar process may occur which lands the borrower in jail.


In the state of Georgia can you go to jail for defaulting on a car loan?

No.


What happens if you don't pay back a payday loan in louisville Kentucky can you serve jail time for this?

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.


Can you go to jail unpaid payday loan?

Yes, In Louisiana they can call it a worthless check


Can you go to jail for closing your bank account on a payday loan company?

Can I be charged with bank fraud or any other criminal offense for closing an account on a payday loan?


Can you go to jail in HoustonTexas for not paying a payday loan?

No, you cannot be sent to jail in Houston, Texas for not paying a payday loan. Failure to repay a payday loan is a civil, not a criminal, offense. However, creditors can take legal actions to collect the debt, such as filing a lawsuit or garnishing wages.


Can you go to jail for not paying an Internet payday loan?

No buyou can get fined up to 100000 bucks


Can you go to jail in the state of Texas if a payday loan says you wrote them a bad check?

probably!


Can you go to jail for not paying back a payday loan?

my layer said that it is like a credit card so it is not a bad checkCan they send me to jail if I do not pay back a payday loanAnswer:No, you cannot be sent to jail on not paying your payday loan. One thing that you must remember that"Payday loan is a civil debt. It is not a case of Check Fraud"So the Debt Collector cannot take criminal charges against you. You must be aware of your right before taking any action.A reference is there that brief you most about your payday loan rights.