Collection Threats
Date: Tue, 12/14/2010 - 11:16
First of all, you cannot be arrested and thrown in jail for defa
First of all, you cannot be arrested and thrown in jail for defaulting on a payday loan. If you could, then half of us on this forum would be in jail. So, no one is going to come and arrest you and no one is going to take your kids from you. What is the name of the payday lender and what state do you live in? If a payday lender is not licensed to do business in your state, then you are only morally obligated to pay back the principal balance (no interest or fees). Please respond to these questions and someone on this forum will be able to help you further.
man i wish i had a quarter for everytime a pdl slug threatened t
man i wish i had a quarter for everytime a pdl slug threatened that.please provide the info requested by lizzie.again a classic scare tactic used by pdl slime.they of course can do none of what they threatened.