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People also ask
Can I be arrested for defaulting on a payday loan?
updated JUN 08, 2017. No, you cannot be arrested for defaulting on a payday loan. However, if you are sued or a court judgment has been entered against you and you ignore a court order to appear, a judge may issue a warrant for your arrest.
Can you go to jail for not paying a payday loan?
Even though a payday lender can sue you civilly to collect the balance of the loan, failing to pay a payday loan is not a crime. While some collectors threaten borrowers with criminal action, you cannot be sent to jail unless you intentionally took out the loan not planning to pay it back.
Can you be arrested for not paying off debt?
You can’t be arrested just because you owe money on what you might think of as consumer debt: a credit card, loan or medical bill. Legally, debt collectors can’t even threaten you with arrest. But they do have other legal recourse, such as suing you for payment.
Can I be arrested for not paying my credit card?
You can鈥檛 be arrested for debt because you鈥檙e behind on payments. No creditor of consumer debt 鈥?including credit cards or student loans 鈥?can do this. You can鈥檛 be arrested for debt because you鈥檙e behind on payments. No creditor of consumer debt 鈥?including credit cards or student loans 鈥?can do this.