wrote check for $500 could not pay back got sick could not go back in to buy back so i closed my checking account because i could not pay back the bank fees & fees to them .
2007-01-31 17:43:16 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
You should want to use your check to pay it off because you are just digging yourself into a bigger debt! Payday loans are a ripp off! Learn from this mistake
2007-01-31 17:52:47 · answer #1 · answered by lil mami 4 · 1⤊ 0⤋
In order for them to garnish any type of income you have, they will have to take you to court and get a judgement. Also if you have been a long time customer at that particular company it is not likely they will try to sue you because they've already made a ton of money off of you from the finance charges you have paid on previous payday advances. However if you've only loaned there a handful of times (2-5) then it's a very good chance they will try to get a judgement.
Just a note: If I remember correctly they cannot go after a fixed income. So you may be safe after all.
2007-01-31 17:53:12 · answer #2 · answered by Nikki S 4 · 0⤊ 1⤋
In the current personal loan market your best choice is KNOWYOURCREDITOPTIONS.COM the reason I say this is because things are always changing. After the 2008 financial meltdown. Underwriting rules have been changing and they continue to make small changes all the time. It really doesn't matter if you have perfect credit or bad credit there are options for just about any situation these days. With that said its going to be impossible to answer your question. My recommendation is grab a quote from my previously mentioned place. You'll be able to see different kinds of programs and rates available for your personal financial profile . Not matter if its an emergency, vacation, or for private reasons; just about any situation is considered. No matter the credit or current job situation. Just let them know what you got and see whats possible from a top provider in the industry today.
2016-05-24 01:01:12 · answer #3 · answered by Anonymous · 0⤊ 0⤋
i owed payday loans 3 of them.my only income was my ss. when they took me to court. before about thirty of us were waiting outside the courtroom door a man or attorney came out and asked who was on ss. we raised our hands and he told us all to go home. i nener heard from the loan places again and that was 10 yrs ago.they made so much money off of me those 10 years i would have went to jail just not to pay them. they pray on seniors
2016-12-30 22:16:33 · answer #4 · answered by john 1 · 0⤊ 0⤋
Definetly no. The only way anyone can come after that money (meaning govornment issued cash) they have to take you to court and sue you, get a judgement, and if you decide to ignore the judgement, then they can report you to the tax franchise and have it garnished, but it's a process that takes over a span of 10 years or so.
2007-01-31 19:05:19 · answer #5 · answered by Tracey 4 · 0⤊ 1⤋
Correct, they can't garnish your SSI or any retirement. They can and do reach into your bank account and help themselves. Do whatever you can to make this go away quickly. These quickly get completely out of control.
2007-02-04 17:02:54 · answer #6 · answered by CJ 2 · 0⤊ 0⤋
If your only income is from SSI then it is illegal for them to take that. They are not allowed to take your SSI check no matter what.
2007-02-01 04:11:05 · answer #7 · answered by Fun N Sun 4 · 0⤊ 1⤋
i believe ssi is exempt from garnishment. in wi. anyway.
2007-01-31 18:15:19 · answer #8 · answered by Anonymous · 0⤊ 1⤋
not real sure on this issue sorry
2007-02-04 02:11:03 · answer #9 · answered by jerry 7 · 0⤊ 0⤋