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Can you go to jail if you default on a payday loan in Carolina?
Wiki User
∙ 15y ago
Not exactly.
But, if you wrote a check for it that was on a closed or account you knew didn't have the funds available, that is a criminal act, punishable by jail time. The idea of putting people in jail (a debtors prison), for default or not paying is no longer done or acceptable.
Wiki User
∙ 15y ago
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If you default on a payday loan in Texas can you go to Jail?
You can't go to jail anywhere simply for defaulting on a payday loan, anymore than you can for defaulting on a mortgage, car loan or credit card. There has to be something more, like using someone else's identity to obtain the loan, for a criminal offense to have occurred.
What happens if you default on a payday loan in Georgia?
Payday loans are considered illegal in the state of Georgia. However, if you default on a payday loan, the company can sue you in court. The judge will decide how a judgment will be carried out if the loan was given in Georgia illegally.
If you default on a payday loan in Texas can they garnish your wages?
Yes.
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 in HoustonTexas for not paying a payday loan?
yes
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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 payloans sue you in south Carolina?
Payday loan lenders can sue you in South Carolina if you do not pay.
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 for closing your bank account on a payday loan company?
Can I be charged with bank fraud or any other criminal offense for closing an account on a payday loan?
If you default on a payday loan any Company in Las Vegas NV can you go to jail?
No this is Americia call me with the name of anyone who told you that if they have loaned you $ they could loose there licence call me 9493107711 Terry
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.
