What happens if I don't pay the payday loans

I'm in Missouri. The company is Advance America. The girl is a total bitch and says that I better pay them or they will garnish my wages if they can't get it our of my account

Sammy - Have you already defaulted on the loan?

They can legally start a civil court case against you.

They must file in civil court. That would start a court hearing and you would be summons to appear from the court. They can get a judgement to garnish your wages.

I borrowed 760 from ACE. They called me today and told me they were taking legal action w/ a NSF...implying that there would a warrant issued for my arrest...I am in Texas...can they do this? The check is just a blank VOIDED check.

Just to clarify...

Typically, the big 3, Check Into Cash, Advance America, ChecknGo, do not use small claims. AA has been known to but it is less frequent of late.

There are some PDL's that use a simple interest model, but most work on a flat fee.

Once your account goes to collections with most companies, they will continue working in-house for quite a while via the telephone and an auto-dialer.

You will not be arrested for a PDL. This is a civil matter, not criminal.

I have 2 payday loans with check mate in SC I live in NC I have renewed these enough to pay them back 3 times but can't get enough to just pay them off what happens if I can't keep renewing them

Did Check Mate know you were a resident of NC?

Doesn't matter where you live with a store front. The only exception MAY be in West Virginia, but I am not sure on that.

Hi.. wow I am so glad to see their is help.. I had a payday loan that is over a year old.. I got behind when I lost my job. (due to the economy) anyway I had a loan through Upfront Money and stopped paying them.. about 3 weeks ago Kim Black from Sterling and King called me she is really really rude and now threatening the authorities what rights do I have, as do they??? I live in Utah and got the loan while living in Utah it was done online. thanks

i have like 9 or 10 store front payday loans,what happens in Colorado,if i dont pay them or go on a payment plan?

i have 9 or 10 store front payday loans,what happens in Colorado,if i dont pay them or go on a payment plan?

emtigurlee, the only thing they can do is try and file a claim in civil court and get a judgement to garnish your wages.

erika P, what are the names of the loan companies. They may be members of CSFA and if so then you can request an EPP, Extended payment Plan, if you have not defaulted yet.

PDLOwner - I'm sorry but your information is incorrect.
I live in Oregon and received information from the Oregon Division of Finance & Corporate Securities that it doesn't matter where the Storefront locations are, they must be licensed in the state that you reside in and they have to abide by those laws. Check your individual state's laws to clarify any questions.
I hope that helps.

I live in NC in which I think PPDs have been made illegal I have 2 store front loans with check mate in SC what can be done if I don't pay them

Plus I have had these about 2 years @ 180 a month they have gotten their money and more

arkenbee

I have not had any interaction with OR new regs, so I would have to assume that based on your call to the DFI that you are correct. In most states, the PDL follows the regs set forth by the state that they operate in. A goo example of this is in South Carolina. When Georgia and North Carolina eliminated PDL's in thier states, the former customers drove across the stateline to borrow in SC making some of the biggest stores in SC exist along the line with GA and NC.

Just to add, I cannot see how Oregon can regulate a business that is not under thier oversight.

Regarding WV, if I remember correctly, they made it illegal to collect from residents of WV if the company was not registered in WV. By doing this, it created a situation where it was too big of a risk for stores in neighboring states to loans to WV residents.

That is off of the top of my head, so take it for what it is worth...