HELP ASAP PayDayone/Cashnet.
Date: Wed, 05/16/2012 - 12:34
I have question over some payday loans that are in collection. I have like 8 or 9 payday loans that are in default two of which are Cashnet, and Paydayone. I get threatening calls saying that they are going to serve me. One that recently said they cant verify the address to serve because its not residential. Pay Day one said they are using legal action trying to say it was a fraud check, because I didn't have the money for the ACH. I know that is BS and they just want to take it to court to get the $. What can they actually do if this goes to court? Can I go to jail over a debt or this? Or will this just be a judgment, which I am guessing it is. I live in Maryland what are the laws here. Someone please help I am lost!:(
There are a couple of threads that cover this issue already. Pa
There are a couple of threads that cover this issue already.
Payday loans are illegal in MD. This is a civil matter. They cannot take you to jail over a civil issue. They cannot take you to court for a contract that is illegal and thus unenforceable.
Do you know where I can see this tread, because this is with Pay
Do you know where I can see this tread, because this is with Pay day one, and Cashnet, I heard they are different.