A Payday loan co.has assured me funds,.never made it instead they threaned jail

A Payday loan co.has assured me funds,.never made it instead they threaned jail

3 Answers

Non-payment of debt is not a criminal offense. It’s a civil case. So you can never go to jail for that. You haven’t mentioned the name of your state. That’s why it’s very difficult to say whether or not the pdl company is licensed in your state. If they are not licensed, then they won’t be able to take any legal action against you. You can file a complaint against them to the State Attorney General or FTC.
 


It is a MYTH. You can't go to a jail for debts. The payday loan company is clearly making false threats to you. Is this company even legal in your state?


Debts are civil, not criminal...you will not go to jail.

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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