A payday loan place is threating me with jail HELP PLEASE

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Sub: #1 A payday loan place is threating me with jail HELP PLEASE
Replied on 03-06-2009, 06:36 PM
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Ok so i got a payday loan from a place in Mississippi. It was the type of loan where you post date a check for 2 weeks then come pay it back. Well I had some financial issues happen and couldn't pay it back. Then my bank closed my account because off all the overdraft fees I was incurring. They kept depositing the check and I was getting further and further behind because of it. The next thing I know, I am getting calls with them telling me I am going to jail. I really don't want to go to jail. Is that even possible?? I am just really really confused. I don't really know the Mississippi laws on this. Could this be considered writing a bad check or check fraud??? Help Please!!



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Sub: #2
Replied on 03-06-2009, 06:45 PM
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No they took a post dated check to begin with. Debt is not a criminal matter it is a civil matter. If this is a store front lender they can take you to civil court and request a judgment. If this happens the judge will put you on a payment plan. Try contacting the corporate office of this lender and make payment arrangements. Dont ignore them communicate with them so they will work with you.



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Sub: #3
Replied on 03-07-2009, 02:02 AM
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kfstaff is right.

From the MS state law:
Quote:
Criminal Action: Prohibited (When check returned due to NSF)
At this point work with corporate. What was the name of the PDL?

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Sub: #4
Replied on 03-07-2009, 03:48 PM
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Why do these clowns always threaten jail? They sound so stupid.

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Sub: #5
Replied on 03-08-2009, 01:46 AM
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What is the name of your storefront? If they are members of the CFSA, I would report them for threats and harassment.

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