Payday Loan
Date: Wed, 04/25/2012 - 08:58
I live in Louisiana and I have a online payday loan with VIP cash and they're calling about me arrested and having fraud chargers for not paying the loan back. Is it legal to give online payday loan in Louisiana?
VIP Cash is illegal. You can't be arrested for a payday loan.
VIP Cash is illegal. You can't be arrested for a payday loan.
VIP Cash is an illegal lender. Illegal lenders won???t be a
VIP Cash is an illegal lender. Illegal lenders won???t be able to take any legal action against you. Moreover, non-payment of debt is not a criminal offense. It???s a civil case. So you can never get arrested for that.
Hi, The lender cannot file a lawsuit if it' not legal. Moreover
Hi,
The lender cannot file a lawsuit if it' not legal. Moreover, if a payday is not legal, then you're supposed to pay only the principal, not any interest accrued.
Quote:Hi, The lender cannot file a lawsuit if it' not legal. Mor
Quote:
Hi, The lender cannot file a lawsuit if it' not legal. Moreover, if a payday is not legal, then you're supposed to pay only the principal, not any interest accrued. |
Wrong...they most certainly could file a lawsuit. It would be the debtors defense that the debt is illegal, that the creditor has come to the court with dirty hands.