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No, that is a civil offence, the worst thing that can happen is you will get sued. You can only go to jail over a criminal offence, like stealing.
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Can you go to jail for a felony if you do not pay your payday loan?
No, and payday lenders are prohibited by law from telling you that. It is a civil matter, the same as if you couldn't pay a credit card. Payday lenders are notorious for making threats to have you arrested, etc. They are violating the Fair Debt Collection Practices Act (FDCPA) when they do this. Some states have made payday lending illegal. Check with your attorney generals office or financial regulator about this. On a side note, if you went to a store front location and actually wrote a check, then they would be able to pursue charges for a bad check. Internet payday loans cannot do this, as taking out an online loan is not the same as writing a check.
Can you go to jail if you owe payday loan in Maryland?
No. You cannot go to jail over a debt, period. A legitimate debt can be collected thorough various legal means, but never in such a way as to cause arrest. Payday loans are not legal in Maryland, therefore, unenforceable in court. Payday lenders love to threaten and harass you into paying them, simply because they have no true legal recourse. Contact the Maryland Commissioner of Financial Regulation to file a complaint on payday loan collectors contacting you in Maryland.
In the state on California can you get jail time for not paying back a online payday loan?
No. The consequences to your loan well be found in your contract with the loan company. Most online payday loan companies are willing to work with and help you pay the principle back. Before jumping ship and not paying I would contact them tell them you would like to pay back the principle and they should work with you. But you shouldn't worry, it would be very hard for an online payday loan company to send you to jail. Learn more about Payday loans at www.getecash.com
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 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.
Can you go to jail in Texas for payday loans?
Actually, you won't go to jail if you defaulted on payday loans and it doesn't matter in what state you live. However, you can face some problems with your credit score, so, don't be surprised if it will be declined a lot. Besides, you will lose the ability of taking another payday loans as you personal data will be listed in the so-called blacklist that is distributed among the lenders.
Can you go to jail if you owe payday loans in Colorado but you move to Texas?
No. Not paying back a payday loan or cash advance is a civil issue not a criminal one. And, most payday lenders will not sue someone for a $500 loan.
Can you go to jail for a felony if you do not pay your payday loan?
No, and payday lenders are prohibited by law from telling you that. It is a civil matter, the same as if you couldn't pay a credit card. Payday lenders are notorious for making threats to have you arrested, etc. They are violating the Fair Debt Collection Practices Act (FDCPA) when they do this. Some states have made payday lending illegal. Check with your attorney generals office or financial regulator about this. On a side note, if you went to a store front location and actually wrote a check, then they would be able to pursue charges for a bad check. Internet payday loans cannot do this, as taking out an online loan is not the same as writing a check.
Can you go to jail if you owe payday loan in Maryland?
No. You cannot go to jail over a debt, period. A legitimate debt can be collected thorough various legal means, but never in such a way as to cause arrest. Payday loans are not legal in Maryland, therefore, unenforceable in court. Payday lenders love to threaten and harass you into paying them, simply because they have no true legal recourse. Contact the Maryland Commissioner of Financial Regulation to file a complaint on payday loan collectors contacting you in Maryland.
In the state on California can you get jail time for not paying back a online payday loan?
No. The consequences to your loan well be found in your contract with the loan company. Most online payday loan companies are willing to work with and help you pay the principle back. Before jumping ship and not paying I would contact them tell them you would like to pay back the principle and they should work with you. But you shouldn't worry, it would be very hard for an online payday loan company to send you to jail. Learn more about Payday loans at www.getecash.com
Can you go to jail in HoustonTexas for not paying a payday loan?
yes
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!
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 if you owe payday loans in Nevada?
No, the non payment of ones debts is a civil matter not a criminal one. The rare exception is, if it is proven that the borrower/consumer deliberately obtained monies and/or goods by fraudlent means.
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.
Can you go to jail unpaid payday loan?
Yes, In Louisiana they can call it a worthless check
Can you go to jail for loans?
Can u go to jail for now paid a title loan
