I have a payday loan from a storefront in Texas a cso called EZ Money
Date: Sat, 09/29/2012 - 10:14
I have defaulted as of last week I had the loan for awhile($300) and I payed on it and then 3 weeks ago had to take out a larger amount ( i made a payment on the interest so i could refinance the loan for it to be $500) because my wife was sick and needed antibiotcs what do I do. I am in fear of what is going to happen what are the laws what can they do what can't they do please help, can't sleep.
The worst they can do is sue you for the balance but that wouldn
The worst they can do is sue you for the balance but that wouldn't happen for months. I suggest you call the corporate office Monday, tell them about your situation, and set up an extended plan. Otherwise you can default and work with collections.
Do not worry, they cannot arrest you or throw you in jail or whatever bull they might want you to believe.