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Debtconsolidationcare.com - the USA consumer forum

Loan companies harrasing family

Date: Sat, 12/22/2007 - 11:39

Submitted by anonymous
on Sat, 12/22/2007 - 11:39

Posts: 202330 Credits: [Donate]

Total Replies: 1


is it ok for a loan company to call your family threating to have you arrested if some one dose not pay the loan


brittny - welcome!

In a word - no - it's not ok for payday lenders to contact your family and threaten to have someone arrested over defaulting on a payday loan.

And to add to that, they CAN'T arrest you over a defaulted payday loan. It doesn't work that way. No state in our country allows that.

Please feel free to post the following info, and we'll help you get out of the payday lending cycle:

-state you live in
-payday lenders you are dealing with
-whether the lenders are internet or storefront based
-how much you borrowed on each one (principal only, no fees)
-how much you've repaid on each one (including any and all fees)

With that info, we'll be able to help you out.


lrhall41

Submitted by SUEBEEHONEY70 on Sat, 12/22/2007 - 11:59

( Posts: 4583 | Credits: )