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Debt Consolidation Forums Payday Loan help

Can I be arrested for not paying back a pay day loan

Wed, 06/06/2012 20:19
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I live in the state of va i took out a payday loan for a 180 dollars at the time I was working but since then lost my job they told me that I would be arrested and charged with a class 6 felony for check fraud and writing bad checks I have four children in so scared and I don't know what to do:-(




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Sub: #1 Debts are civil, not criminal. Actually the person telling you
Wed, 06/06/2012 - 20:36

Debts are civil, not criminal. Actually the person telling you this is breaking the law by threatening you with this action.

Who did you borrow from??




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Sub: #2 What is the name of the pdl company? Is your lender licensed in
Wed, 06/06/2012 - 21:55

What is the name of the pdl company? Is your lender licensed in your state? You can never get arrested for not paying your debts as debts are civil???.not a criminal offense. You will have to bear only the borrowed amount, if your lender is not licensed in Virginia. But if they are licensed, then you will be held responsible for both the principal and interest.




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