
What will happen for not paying payday loans
Did they have you write a check when you got the loan? They can try to cash the check, then when it bounces they can call the police. If the mount is over $300 it is a 3rd degree felony and you will be arrested. Maybe they will just send it to collections though, who knows? Maybe you should call them and ask how you can get caught up on your payments.
they duct tape your balls into your mouth until you pay...
Payday loans are pretty shady places, and they'll do shady things in order to get their money back. The fact is that they have a legal RIGHT to get their money back from you and when you signed for that payday loan, you agreed to the ridiculous fees and high interest rates that they'll charge you with. Basically, all those fees and interest will add up and it'll add up fast. It could easily triple the amount you owe. They'll call your friends, family, and your work. They'll take you to court and they'll garnish your wages. They'll ruin your credit and make your life really sucky.
Payday or Not to Payday (Loan)
Under Banked Americans Cause Payday Loans Online to Grow
I want to see if I can get a loan from Prosper to pay off my Payday loans. Is Prosper OK?
I need help on how to resolve a problem with payday loans?
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