can you go to jail for default on a payday loan? or does it go on your credit?
December 18th, 2008
raillyboo asked:
I have got trapped in this payday loan cycle and i can’t get out. It has caused me to fall behind on all my bills. I am thinking of repaying them in full with my income tax money if it goes on my credit. I am affraid that i will go to jail.
alejandro
I have got trapped in this payday loan cycle and i can’t get out. It has caused me to fall behind on all my bills. I am thinking of repaying them in full with my income tax money if it goes on my credit. I am affraid that i will go to jail.
alejandro
araenall
December 19, 2008
You mean one of those places that fronts you money? That just goes on your credit report. You won’t go to jail for that.
Le BigMac
December 22, 2008
Why are you only “thinking” about paying them back when you can?
A.Mercer
December 25, 2008
For the payday lending or small loans are known for the rules are laws or small loans httpwwwbankratecombrmnewsdebtdebtcreditguidepaydaychart1asp.
For ignoring those laws that say how debt collectors can treat people they have debtors prisons what the rules are laws or small loans are laws that say how debt.
twv23512651
December 25, 2008
No you will not go to jail. Read the article below on “Not Paying Payday Loans Back”.