If I Don’t Pay My Payday Loan Will I Go to Jail?

I will not tolerate this harrassment from a low life telemarketer collection agency. You may be sued, but not hauled off to jail. I said its ok and I then asked about the number that shows up when they call people. Will Anything Better Replace It? He said I took out a payday loan in January of and never repaid it. In either case, the threat of jail is all bark and no bite unless you actually committed fraud. If you have a question, call a local attorney.

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Florida Restrictions on Payday Loan Lenders. If you have a problem with a Florida payday lender, you can turn to the state for help. But if you obtained the loan from an out-of-state lender over the Internet or the telephone, the help that Florida can provide may be . Can I be criminally prosecuted for defaulting on a payday loan? I have received several calls from collection agencies over the last couple of days, saying that I will be charged with Fraudulent use. In brief, short of proving that a victim has committed fraud, a collector or payday loan company cannot arrest you for defaulting on your payday loan. The only entity who can bring any criminal charges against you is the district attorney of the county that you live in.

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If I Don’t Pay My Payday Loan Will I Go to Jail? If you have defaulted on a payday loan, or are concerned that you will default on one in the near future, you may be concerned that you will go to jail for not paying the loan. This is not true. debtors cannot be prosecuted in criminal court for not paying a debt. NCSL is unable to provide guidance to citizens or businesses regarding payday loan laws and practices. If you have questions regarding the application of a state law to a specific payday loan, please contact the Office of the Attorney . Payday loans in the United States Jump to Virginia advertises payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term Florida Legal 0 Georgia Prohibited Prohibited Hawaii Legal (Applies to check cashers only) 0.

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