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Personal and Payday Loans

Loans made between individuals and paycheck advances from specialized institutions at very high interest rates

500 Questions

Can you go to jail for closing an account in Louisiana when you have a payday loan.?

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Asked by Wiki User

In Louisiana, you cannot be arrested or sent to jail for simply closing a bank account when you have a payday loan. However, failing to repay a payday loan debt can lead to collection actions or a lawsuit against you. It is important to understand your rights and responsibilities when dealing with debts.

Can a person call you from a court house in edinburg Texas saying i need to call the payday loan so i can give them my address so they can sever me papers?

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Asked by Wiki User

This sounds like a common scam where scammers pretend to be from a court or law firm to scare or pressure individuals into providing personal information or making payments. Legitimate court or legal notifications would typically be served in person by a professional process server, and they would not ask you to call a payday loan company. It's best to verify the authenticity of such requests by contacting the court directly.

What is the statute of linitations for unpaid payday loans in the state of Texas?

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Asked by Wiki User

In Texas, the statute of limitations for collecting unpaid payday loans is four years. This means that a creditor has up to four years from the date the debt became due to legally pursue repayment through the court system. After the statute of limitations has passed, creditors may not be able to sue for repayment.

Can payday loan file criminal charges in Michigan?

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No, payday loan companies cannot file criminal charges in Michigan. However, they can pursue other legal remedies, such as civil action, to collect on any outstanding debts. It is important to be aware of your rights and responsibilities when dealing with payday loans in Michigan to avoid potential legal issues.

Can you go to jail in Texas for defaulting on your car loan?

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No, you cannot go to jail in Texas for defaulting on a car loan. However, the lender can repossess the car and take legal action to recover the remaining debt. It is a civil matter, not a criminal one.

Can you go to jail in HoustonTexas for not paying a payday loan?

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Asked by Wiki User

No, you cannot be sent to jail in Houston, Texas for not paying a payday loan. Failure to repay a payday loan is a civil, not a criminal, offense. However, creditors can take legal actions to collect the debt, such as filing a lawsuit or garnishing wages.

Can you prosecute a hot check to a payday loan?

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Yes, writing a hot check to a payday loan company can lead to criminal prosecution. Issuing a check without sufficient funds can be considered fraud, and the payday loan company can pursue legal action to recover the money owed. It is essential to ensure that you have enough funds before writing a check to avoid legal repercussions.

Can you go to jail in South Carolina for defaulting on a payday loan?

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Asked by Wiki User

No, you cannot go to jail in South Carolina for defaulting on a payday loan. Debtors' prisons are illegal in the United States, and failing to repay a payday loan is a civil matter, not a criminal offense. However, the lender can take legal action to collect the debt through a civil court.

Can unpaid loan in Citibank Bahrain get you arrested in the Philippines?

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Asked by Wiki User

While failure to repay a loan in another country may lead to legal consequences such as being pursued by debt collectors and facing legal action in that country, it is highly unlikely that you would be arrested specifically for an unpaid Citibank Bahrain loan while in the Philippines. However, it is important to address and resolve any outstanding debts to avoid potential implications for your credit score and financial standing.

Can you be taken to court for using a check on a closed account for payday loan in Texas?

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Asked by Wiki User

Yes, writing a check on a closed account is considered a form of check fraud in Texas. This action violates state laws and could result in legal consequences, including being taken to court by the payday loan company or financial institution. It is important to resolve the issue immediately to avoid further legal troubles.

Can a 9 year old go to jail?

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In most countries, a 9-year-old cannot be held criminally responsible and therefore cannot go to jail. Instead, they would typically be subject to child protective services or other age-appropriate interventions.

Can you be arrested in the state of Minnesota for a payday loan you took out 5 years ago?

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Asked by Wiki User

In Minnesota, a payday loan is a civil matter, not a criminal one. You cannot be arrested for failing to pay it back. However, the lender may pursue legal action to collect the debt through civil court.

Can you go to jail for unpaid student loan?

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Asked by Wiki User

While you cannot be arrested for simply not paying your student loans, your wages can be garnished, your tax refunds may be withheld, and your credit score can be adversely affected. It is important to communicate with your loan servicer to discuss repayment options or potential deferment or forbearance.

Can you go to jail for not paying back an ace check cashing loan?

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Asked by Wiki User

Failing to repay a loan from Ace Check Cashing could result in legal action and potential consequences, including collection efforts, damaging your credit score, and being sued by the company. However, you cannot be jailed for simply failing to repay a loan.

Can a nine year old go to jail?

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Asked by Wiki User

In most cases, no, a nine year old cannot go to jail as they are generally considered too young to be held criminally responsible. But they may face consequences within the juvenile justice system such as counseling, probation, or youth detention programs.

How long is max b in jail for?

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Max B, also known as Charly Wingate, was initially sentenced to 75 years in prison in 2009 for charges related to armed robbery, kidnapping, and murder conspiracy. However, his sentence was later reduced to 12 years after accepting a plea deal. As of now, Max B is expected to be released from prison in 2026.

Can go to jail in a civil case?

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No, jail time is not a typical punishment in civil cases. Civil cases usually involve disputes between individuals or organizations that result in monetary compensation or court orders to resolve the issue. Jail time is more commonly associated with criminal cases where a person is accused of breaking the law.

Can you go to jail if you owe payday loans in Colorado but you move to Texas?

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Asked by Wiki User

No, you cannot go to jail for owing payday loans in Colorado or any other state. However, the lender may pursue collections through legal means. Moving to Texas does not eliminate your debt obligation, but the lender must follow Texas laws regarding debt collection.

Can a payday loan company sue you for an unpaid loan if you leave the country?

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Asked by Wiki User

Yes, a payday loan company can still pursue legal action against you, even if you leave the country. They may hire a debt collection agency to attempt to collect the unpaid debt or sue you in absentia. It's important to address any outstanding debts to avoid legal consequences.

What is the highest interest rate allowed by CA law?

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Asked by Wiki User

The highest interest rate allowed by California law is generally 10% per year. However, for certain types of loans, such as personal loans or judgments, the legal interest rate can be higher. It's important to check the specific regulations and exceptions that apply to your situation.

Is defaulting on a pay day loan a criminal offense in North Carolina?

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Asked by Wiki User

No, defaulting on a payday loan is not a criminal offense in North Carolina. However, lenders can pursue legal action through civil court to recover the amount owed. It's important to seek assistance from a financial advisor or credit counselor if you are struggling with payday loan debt.

What is required to get a payday loan?

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Asked by Wiki User

For payday loans try this site: PAYDAYLOANINFO.INFO

How do you write a loan payment receipt?

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Asked by Wiki User

On a receipt you date it, who you received it from, amount received,why you received it, sign it and keep a copy for yourself. It looks like a check with 'received from' instead of' pay to the order of'.

How do you become good at dodgeball?

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Asked by Wiki User

Learn how to catch and throw a ball Use the five D's of dodgeball: Dodge. Duck. Dip. Dive. Dodge. The dodge is very important. If you practice, you'll be fine.