Can you be arrested if you dont pay back a payday loan?

Answer 1

No. In the United States, no one can be arrested for failure to pay debts (except child support). However, if the payday loan company obtains a civil judgment against you, they may request supplemental proceedings. If you do not attend the supplemental proceedings, a warrant may be issued for your arrest.

Answer 2

50-50. Depends on some variables which differ on state laws. If you signed a contract to pay back the loan and you reneged, it's a civil matter where the loan company can sue you for whatever. If you didn't sign a contract and it was a verbal agreement, the loaner can charge you for theft with intent.

There is absolutely no situation that would allow for a payday lender to have you arrested, period! They will often threaten you with that, trying to coerce you into paying them now. That is illegal and in violation of the laws set forth by the Fair Trade Commission. Not paying a payday loan is always a civil matter. Some state's have made payday lending illegal due to high interest rates. If you reside in one of these state's, you wouldn't even have to worry about losing a lawsuit. Check your state laws. If your state allows payday lending, then you could be civilly sued the same as if you defaulted on any other loan, that's it. If you're being threatened by a lender or collector, contact the FTC and law enforcement to file a complaint. You may also wish to consult an attorney, as FDCPA violators can be sued for up to $1000.00 per offense.

Answer 3

No. You can be sued by the Payday loan company, but they can't arrest you or imprison you for not paying. The Fair Debt Collection Practices Act (FDCPA) also makes it a crime for debt collectors to threaten any kind of legal action (unless they are actually lawyers and they intend to sue you, in which case they can tell you they will sue you if you don't pay). But you are not at risk of being arrested or going to jail.

Answer 4

no