Payday Loan
payday loan
What happens when you fail 2 repay a payday loan?
I have an outstanding payday loan and they want to take me to
court. I wrote a check for the loan and it bounced and I have paid on the loan since but haven’t been able to pay it off. I really don’t want to go to court but they aren’t willing to work with me. Can anyone tell me what happens at that point?
I used to be a manager for Check Into Cash, and depending on when you took the loan out you can not pay for up to two months prior to paying. Since the check bounced, depending on the amount, that is a felony in most states. I would find relatives, anyone to get it paid as prior to going to court.
