What Happens if I dont pay my payday loans?

Hi I need help I live in Fort Worth Texas and have loans with Ace Check Cashing $1000 borrowed, The Cash Store $650, and Cash Advance $550. I did Ace and Cash Advance online and Cash Store in person at the store. What will happen if I dont pay them? I cant afford it anymore. I just closed my bank account and I dont want them to call my work. I need advice......

"Ace Check Cashing" is not licensed in TX. You should only repay them the principal balance of $1000. No fees/interest are payable. If you've already paid more than that, ask for a refund.

"Cash Advance" is not licensed in TX. You should only repay them the principal balance of $550. No fees/interest are payable. If you've already paid more than that, ask for a refund.

The Cash Store is legal and you'll have to work out a payoff arrangement with them. I suggest you contact them right away to do so.

You should contact the TX OCCC for further guidance. They are extremely helpful in these instances.

2601 N. Lamar Blvd.
Austin TX 78705
Phone: (512) 936-7600
Toll Free: (800) 538-1579

Well, the above post seems to be quite informative on the legalities. However, if you don't pay them, they certainly will be trying all ways to contact you. This usually is part of the deal when taking out loans.

what was the point of your post?ohiogal is spot on while you just posted mumbo jumbo.please knock it off.

Because paulmerger. He mentioned that he does not want them contacting his work. Lay off

It sure is embarassing for them to call your work. And these devils do not follow the law. Dont know how to make them stop.

The only concern that I see with ohiogal's post is with Ace. I know that there is a legal Ace and an illegal Ace that is online. My question is whether the legal Ace is/has been doing loans online. Does anyone know?

first off.hey pdl owner where ya been?secondly it appears that ACE CASH EXPRESS is the only legal one in TX.don't know about other states though.

I have been working a ton and picking up more in the near future. Just because I have not been posting, I have been lurking a few times a week. When I stopped posting ;ast year, I made the decision to essentially stay out of the illegal lender discussions and try to help in with legal lenders. The problem is that there are a few that still just can't seem to seperate fact from fiction and it gets frustrating.

As for this topic, I was not sure abou the status of Ace or better yet, which Ace.

well no problem there.hope to see yaz around more as the ones you speak of are not here now.btw ohiogal does a great job with the footwork so i trust her on this one.