what are the legal consequences of not paying on pay day loans?
i got into some trouble with pay day loans and finally had to quit paying on them because i couldnt pay my other bills, but now the calls are coming every day threats of jail, and they have even come in person to my home and where i work. is there any way out of this mess?
Tags: consequences, legal, loans, paying
Related Items
- How can I go about paying loans that have been in default for 2 years?
I really want to work on paying off my school loans but don't know where to start. I've been in default for a couple years due to my immaturity and no... - Is paying off defaulted loans that aren’t on my credit report going to help my credit score?
I owe $9,000 in student loans. They just started garnishing my wages for $500/month. The loans were from 1998 and do not appear on my credit report. T... - What are the psychological consequences of kids being raised by same sex couples?
With two states already approving same sex marriage, what are going to be the consequences of same sex couples raising children? Will this off throw a... - Where and how can i buy legal oral fat loss steroids?
... - I am wondering what are the consequences of losing weight quickly when you are young (16)?
What are the consequences of losing weight quickly when you are aged 16? I am worried about a friend of mine, she started dieting when she was 15 and ... - What are the consequences for building a super center in a small town?
Such as a wal-mart or similar stores. The nearest shopping mall is 40 minutes away. What are the pro and con's for this situation? ... - Is it legal for a seventeen year old to move to Michigan from Florida without parents permission?
My girlfriend wants to move to Michigan, shes 17 and currently lives in Florida, but shes very unhappy in Florida, and i want to help her out, shes ju... - Where can a 13 year old in California find paying work?
I've been looking around and haven't found any information about teen work in the Los Angeles area. Where can 13 year olds who live there find paying ... - Fellow producers, do you hate the new year because you have to start paying FICA tax again?
The FICA shakedown applies only to the first $106,800 of wages, so I grow accustomed to not having to pay my shakedown to the Ponzi scheme for several... - What all legal stuff do I need to start an Ebay business? I live in Mississippi?
I am starting an Ebay business and I need to know what all legal stuff I need such as tax id's and business permits. I live in Mississippi if this has... - In legal documents, what is the difference between a schedule, an annex, an attachment and an appendix?
In legal documents, what is the difference between a schedule, an annex, an attachment and an appendix? I have just inherited a number of legal docum... - Pay Day Loans?
I took out a couple of pay day loans back in 2006. I checked my credit report about two weeks ago and didn't see them listed on there. I wanted to kno... - How much do you think your student loans payments will be monthly?
I know this lady who I work with is still paying off college loans after being out of school for 10 years. She says she only send out a payment of 15-... - I have several Pay Day Loans what can they do to me if i can’t pay?
My husband had sugery and i am not working now. there is no income and he has a payday loan due. they are calling me and harrasing us. Can they do thi... - What kinds of loans would we be eligible for?
My husband and I bought a small house two years ago and now we have our daughter and it is just too small. We would like to add on to the back and ad...
November 30th, 2010 at 12:40 pm
The way out is to pay them. They are very good at what they do and they will make your life miserable and ruin your credit. Do whatever you need to do to get them off your back. Good luck!
November 30th, 2010 at 1:07 pm
BANKRUPTSY, those people prey on people who get short on money and it gets to the point where u can never catch up.. i went through this a year ago… and we got to the point of bankrupsy.. this is a loan not a check… and it can be discharged… sounds like u are having a lot of financial trouble so that would be the best thing for u.. a clean slate… and use it for what it is.. to start over, and remember BUDGET BUDGET BUDGET and stick with it
November 30th, 2010 at 1:57 pm
Tell them not to call anymore, and not to bother you at work. They are not allowed to hassell you like that.
You do owe them money, but they can not threaten you. I wouldn’t worry about jail. That is highly unlikely. Send them a certified letter telling them not to call you or visit you.
November 30th, 2010 at 2:05 pm
Check your state and local laws. I would also look at contract you signed at time of loan. You are clearly in a BIG mess the sooner you pay those loans off the better and NEVER do it again! I realize the advice I gave is limited but without seeing contract or knowing you state/locals Laws no one can help much. In some states yes you could go to jail.
November 30th, 2010 at 2:06 pm
find a credit union near where you live or work and talk to someone in the loan department about a loan to pay off the payday loans. discuss credit counseling to learn how to manage your money. be honest and forthright about your credit and ability to repay. go to the counselors the credit union recommends–not ones you hear about on tv or the internet. also discuss with the credit union your rights under the fair debt collections act. you cannot be sent to jail for nonpayment of unsecured debts. if someone is coming to your place of work or home and threatening you, call the police. take license numbers and file a complaint. if you tell a debt collector to stop calling you, they must stop. call your county attorney’s office to see if they can help.