If you can't pay a payday loan back, can the issue a warrant for your arrest or does it go on your credit repo

Answer 1

I think they can do warrant, or warant in debt since it was a loan.. Warrant in debt.. I might be wrong but that's my final answer... what was the agreement that you signed?

Yep and a Warrant in Debt is done in Civil Court..

Answer 2

It depends. If your bank account has been closed, they can get you on theft by deception charges. If your account is in good standing, but just empty at the moment (good standing, no bad checks out there bouncing around in the wind) they should just let you go in and pay the interest on the loan and renew it for another 30 days.

This sort of thing is a CIVIL matter unless your account is not right, then they can call the police, make a report, they police can take it to the DA to see if he/she wants to press charges.

I would give them a call and let them know the deal, they may very well work with you if not, just get the money to them as soon as you can, if you account is bad, save the money for your bond.

Answer 3

I was told they can't put warrants out for a civil matter BUT THAT'S COMPLETELY FALSE! I was arrested and held over night and then was released, but had 30 days to pay it back, all over $80.00!

Answer 4

In 1833 the practice of imprisonment for debts was eliminated at the federal level. Most states followed suit.

Today, it is still possible to be thrown or remain in jail for debt. Debts of fraud, child-support, alimony, or release fines can land you in jail or prevent you from being released from it.

All other debts are civil matters.

Answer 5

They can send the matter to a collection agency which will then sue you and if you still fail to pay, you can be jailed for contempt of court. You might want to arrange to pay it back slowly to avoid the hassle.

Answer 6

They can only sue you in civil court. It will show up on your credit report.