Can I be arrested for defaulting on a payday loan
Date: Wed, 03/02/2011 - 11:14
Can I be arrested for defaulting on a payday loan i keep gettig threatening phone calls and I gave no fraudulent information.
No you cant be arrested for defaulting. Its a threat they use t
No you cant be arrested for defaulting. Its a threat they use to coerce you into paying.
What State do you live in and what is the name of the payday len
What State do you live in and what is the name of the payday lender? 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/fees)