If you default on a payday loan, because something happened and you are unable to pay. Could I be charged with bad checks, when I didn't actually write a check for the payday loan. Charge by DA for bad check?
2006-09-26 12:08:42 · 7 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You'll have to pay some fees, but I doubt you'll get a bad check notice in your credit score
2006-09-28 09:09:28 · answer #1 · answered by Anonymous · 0⤊ 2⤋
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RE :Default on payday loan in Texas?
If you default on a payday loan, because something happened and you are unable to pay. Could I be charged with bad checks, when I didn't actually write a check for the payday loan. Charge by DA for bad check?
4 following 8 answers
2016-10-16 11:59:25 · answer #2 · answered by Buffy 6 · 0⤊ 0⤋
Real thrifty,
In Texas we have the best lawmakers and laws money can buy.
The predatory lending of Payday lo0ans company's (400 - 800% a year interest) cause more hardships than drugs in Texas.
Yes you can be charged for a bad check by the DA.
Thery are not in the pocket of the loan companys but the loan laws are so they WIN.
visit DaveRamsey.com to learn what you need to do to get out of the H-LL you are going to go in.
Now turn the TV off and sell it. Sell anything that isn't nail down and are not family. Get 2nd and 3rd jobs ( spouse too) to pay this hydra (multi headed) snake off before you have some P.O. knocking on your door escourting you off to jail.
Tell any one you know about the dangers of these blood suckers.
2006-09-26 12:27:11 · answer #3 · answered by Anonymous · 0⤊ 1⤋
No, for the default to be of a criminal nature the state would have to prove intent.
Unforeseen circumstances that adversely affect your payment plan are just that and do not constitute fraud.
The missed payment could end up on your credit history though so I suggest you contact the lender and make arrangements prior to the due date.
Good luck.
2006-09-26 12:18:57 · answer #4 · answered by Jack 6 · 0⤊ 0⤋
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RE:Default on payday loan in Texas?
2014-07-16 10:06:03 · answer #5 · answered by Anonymous · 0⤊ 0⤋
i have 3 pay day loan and one of them saying i am going to be serve with papers to go to court but i do not live there no more i want to pay them back but they did not want to work with me i am disable and they say they can stop or take my ssi what should i do can they do that and put me in jail
2016-03-16 13:58:18 · answer #6 · answered by Billy 1 · 0⤊ 0⤋
If you didnt write a check, then don't worry, they will just have to make payment arrangements.
2006-09-26 12:16:40 · answer #7 · answered by piethedog 3 · 0⤊ 0⤋
Dude? real thrifty, payday loan, who the **** allows you to breathe the air on my planet. MUNSON!!!!!!!
2006-09-26 12:18:37 · answer #8 · answered by neanderstrat 3 · 0⤊ 4⤋