Can someone be arrested for nonpayment of payday loans?

A payday loan company threatened someone I know to issue an arrest warrant if they dont make a payment

9 Answers

Some pay day loan company called me and said that I owed them for a loan in 2006. The individual threatned me with arrest and said the company is going to prosecute me with two felonies.  I need to know can they sue me with something this old and even though they has my account number to  my account and when they tried to retrieved the money if was not in there because they took their time in retrieving it Can I be arrested?


Some pay day loan company called me and said that I owed them for a loan in 2006. The individual threatned me with arrest and said the company is going to prosecute me with two felonies.  I need to know can they sue me with something this old and even though they has my account number to  my account and when they tried to retrieved the money if was not in there because they took their time in retrieving it Can I be arrested?


My name Tt and i am from nc and i have a payday loan from 500 fast cash for 300.00 dollars and they telling me i need to pay back 500 dollars because a couple of my payments was declined and that they attached legal fees on.I know i owe the money but im not paying back no 500 dollars .no i havent paid nothing on the loan lately because they just wont work with me they refuse to lower my payments.


If you fail to make payment on your payday loans, then the lenders can't put you behind bars as it is a civil matter and not criminal. The lenders are violating the FDCP Act by threatening you; therefore you can lodge complaint at the Attorney General's Office in your state.


No matter how much an individual owes, he or she cannot be taken to jail for that. However, there's an exception if the person owes child support payments.


This is common scare tactic. Lenders often use this tactic to make borrowers pay the money. May community members receive these types of calls. Don't get intimidated. Just let the payday loan company know that you're aware of the payday loan laws.


Non-payment of debt is not a criminal offense. It’s a civil case. So nobody can get arrested for that. Giving threat consider as a violation of the FDCPA laws. File a complaint against them to the SAG or FTC.


Beware of such false threats and don't be scared of such calls. This is just a tactic to recuperate the momey from you. Debts are civil and not criminal. Are the lenders legal in your state?


No, its a false threat. Failure to repay a debt is a civil offense, not criminal. What is the name of this lender and which state are you from?


Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 13 and 5



Page loaded in 0.509 seconds.