what happened if i dont pay my payday loan in California?

what happened if i dont pay my payday loan in California?

6 Answers

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It is true that illegal lenders can't sue you. However, they'll make your life hell. They'll tell you loads of bad things. Have you paid back the principal amount at least? Your credit score will drop if you don't pay legal payday loans.


Yeah….if your lender is licensed in your state, then they can sue you because of non-payment of debt. But if they are illegal, then they won’t be able to take any legal action against you.


If the lender is legal and you don't pay up, they take you to court for failure to pay off your debt. Simple.


What type of loans??  Store front?  Internet?  List out your lenders, how much you borrowed and how much you have paid.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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