Can I be arrested for not paying back a pay day loan
Date: Thu, 06/07/2012 08:49
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:-(
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.