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Florida law on pay day loans

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I am being contacted by a pay day loan company threatening legal action after deducting about $500 out of my acct. What are the laws?

Go through this page for the laws in FL elp.html

What is the actual loan amount and how much is paid so far?

Sub: #1 posted on Tue, 05/15/2007 - 01:10

orake orake

(Posts: 482 | Credits: 67.59)

Please remember that Florida is a non garnishment state. They can only garnish up to 25 percent and only with your written permission. If you signed any "wage assignment agreement" that is a different thing. You must revoke that. They can not take any criminal action against you under Florida law either. What payday loan company is it? Some are not licensed and can only make threats. Someone here will have experience with them and will tell you what they are all about

Sub: #2 posted on Tue, 05/15/2007 - 01:24

Frogpatch Frogpatch
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(Posts: 5381 | Credits: 652.52)

Sub: #3 posted on Tue, 05/15/2007 - 05:40

Trenity Trenity

(Posts: 504 | Credits: 63.13)

i have a defaulted payday loan with cash banc they have threatend to have me arrested for not paying my debt by monday , they say they will download my case can they do this.

Sub: #4 posted on Sun, 09/28/2008 - 06:35


I was contacted today from a "processor". He told me that they are taking me to court for a felony. Can they do that?

Sub: #5 posted on Sat, 07/18/2009 - 03:44


I have two outsanding payday loans and they have been calling my job and home threatening that they are going to garnish my tax return and wages can they so this?

Sub: #6 posted on Tue, 07/28/2009 - 22:53


why not just pay them.

Sub: #7 posted on Tue, 07/28/2009 - 23:17



You can not be arrested for not paying a debt. It is a civil matter not criminal.

Sub: #8 posted on Wed, 07/29/2009 - 00:08


Florida law prohibits any debt collector from threatening criminal action! Even an originasl creditor! You can file a suit against them for that! Also if a payday lender is not licensed in Florida the debt is non collectable under the Florida Consumer Financial Act regardless of the geographic location of the lender.

Sub: #9 posted on Wed, 07/29/2009 - 18:50

Frogpatch Frogpatch
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(Posts: 5381 | Credits: 652.52)

Can anyone give me any information of the following companies as far as legalities in the state of florida? The one, in particular, FOX, is really shady. I called them and they cussed me up one side and down the other for asking for a mailing address.
fox enterprises

Also, how much can they charge in florida per 100?

Thanks in advance!!

Sub: #10 posted on Fri, 09/25/2009 - 23:04

robyn curry robyn curry

(Posts: 2 | Credits: 1.4)

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