If you default on your payday loans, the lender can take the same action ... I defaulted on a small loan in 2005 and am being harrassed. I have offered to make payments but they refuse. I am being threatened on a daily basis with getting arrested. I of course should have never taken out a payday loan but it was a last resort.
www.bills.com/blog/payday-loans-and-default/ www.bills.com/blog/payday-loans-and-default/
If you a frequenter of payday loans, you've probably pondered this question: can I be arrested for default on payday loan? The simple answer, no. There is no law that allows you to be arrested for not paying off payday loan debt.
ezinearticles.com/?Payday-Cash-Advance---Can-I-Be-Arres... ezinearticles.com/?Payday-Cash-Advance---Can-I-Be-Arrested-For-Default-on-Payday-Loan?&id=1467463
If you default payday loan then the store front can sue you for collecting the debt. But I haven’t heard anyone getting arrested for not paying payday loan. ii. Online or internet payday loans If you have taken payday loan from an internet ...
http://www.debtconsolidationcare.com/blog/2009/02/28/de...
Thompson was one of those people. When the county attorney said there was no officer on the way, she called the payday loan company's bluff. Let me make it clear that if you take a payday loan, you owe the money. But as Thompson found out, you don't deserve threats of arrest and jail.
www.azcentral.com/12news/consumer/articles/0719action19... www.azcentral.com/12news/consumer/articles/0719action19.html
I wasn't. I don't know if the laws vary from state to state. But in the state of KY, they must not have the right to arrest you, it can go on your credit report,possibly. I am not really for sure about that either. But I know a lot of peopl...
http://answers.yahoo.com/question/index?qid=20080903192...
If you a frequenter of payday loans, you’ve probably pondered this question: can I be arrested for default on payday loan? The simple answer, no. There is no law that allows you to be arrested for not paying off payday loan debt. In fact, ...
http://gotoread.freehostia.com/2008/09/
The most important rule of all: do not default on the payday loan! If you default it can cause many sets of problems for you, like extra NSF fees from both your bank when the payments bounce and as specified in your contract with the payday loan or cash advance company.
www.paydayloanresource.com/findingpaydayloan.htm www.paydayloanresource.com/findingpaydayloan.htm
These payday loan type operations are a HUGE ripoff. On their signs, at the shops, they post an interest rate of 400%+++++++ but by the time you get done adding in fees and "service" charges it may come out to as high as 1000%. People stay away from these places.
www.ripoffreport.com/reports/ripoff16138.htm
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www.xanga.com/Hour_Cash_Advance_Payday_Loan www.xanga.com/Hour_Cash_Advance_Payday_Loan
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blogs.grab.com/PayDay_Loan_USA blogs.grab.com/PayDay_Loan_USA