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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.
Wiki User
∙ 14y ago
Wiki User
∙ 13y ago50-50. 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.
Wiki User
∙ 11y agoNo. 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.
Wiki User
∙ 12y agono
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Can you be arrested for not paying a payday loan back in the state of Wisconsin?
No.
Can you get arrested for not paying back a payday loan in the state of South Dakota?
No, but you can be taken to court and have late fees applied to the balance.
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 the money store in valley Alabama have me arrested for non payment of a payday loan?
Yes
Can you be arrested and charged in Arizona for an unpaid online Payday Loan from 2009?
A person cannot be arrested and charged in the state of Arizona for an unpaid online Payday Loan from the year of 2009. A person may either be sued or their wages may be garnished.
Can you get sued by a payday loan company for moving out of state when you have a payday loan in the state that you are leaving?
Any lender has the right to sue regardless of the reason if you choose not to pay them back. Leaving a state where you took a payday loan is not a reason for a payday lender to sue you - not paying them back is.
Are payday loans legal in New Mexico?
what action cn be taken against you if you dont repay a payday loan
What can happen if you dont pay a payday loan in texas?
If you don't pay a payday loan, you can have a judgment brought against you. They can also fine you a pre determined amount.
How do you Get a payday loan unemployed and bad credit?
You can't get a payday loan without a payday. The loan is made as an advance on your next payroll check. If you are unemployed they have nothing to lend on and have no reason to believe you have the means to pay it back.
If you default on a payday loan can you get arrested in the state of Colorado?
You cannot be arrested anywhere in the United States for failing to pay a debt (other than taxes or legal fines, perhaps). If you have committed some other crime in conjunction with accruing that debt, then you could be charged for that. For example, fraud or intent to commit fraud by taking out a payday loan under a false name or writing a bad check to pay back the loan.
Is payday lending the same as a payday loan?
Yes, payday lending is the exact same as a payday loan, but sometimes people call it different things. It is for those who need a very short term loan until they get paid at work, at which point they pay the loan back. This usually comes with a high interest.
What if you dont have all the payday loan money at once?
You may be able to extend the loan, contact the lender. However, you should pay this loan off as soon as you can, payday loans have notoriously high interest rates.
