can you go to jail
Date: Tue, 07/05/2011 - 15:14
Can you go to jail if you default on this loan, the reason I ask is they have your check which will obviously bounce?
As far as I know defaulting on a loan is not a criminal offense.
As far as I know defaulting on a loan is not a criminal offense. Thus, I don't think you will be taken to jail. You can try to set up a payment plan with them in order to pay off the debts.
I agree with what Anna has said. You won't go to jail for this.
I agree with what Anna has said. You won't go to jail for this. Defaulting on a loan is a civil offense. Not a criminal offence. If the payday loan company has the license to operate in your state, then you can settle the debt with them.
Quote:As far as I know defaulting on a loan is not a criminal of
Quote:
As far as I know defaulting on a loan is not a criminal offense. |
You have been posting on this board for how long and you cannot properly answer this question yet?????
The answer is NO. You CANNOT go to jail for debts. They are civil not criminal.