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By: Lawrence Dawson

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Sunday, 1-May-2011 16:03 Email | Share | | Bookmark
Can I Get Arrested Or Go to Jail For Defaulting on a Quid Loan?

 
A ordinary question often asked about Quid Loan debt is "can I get arrested for defaulting on a payday loan?" There are two main bases why this question is raised. First, many unethical or illegal collection organization will insinuate or claim outright that you can be arrested if you do not pay a payday loan debt. The second is that bad check laws do allow for criminal action of those who write bad checks and since payday loans often require a check, customers fear these laws will be used against them in a payday loan collection condition. At this time we give you the straight facts on payday loan debt and arrest.
Payday Loan Collectors - Implying that you can be Arrested for Payday Loan Debt
regrettably, it is an all to ordinary practice for Payday Loan Collection Agencies to imply that customers can be arrested for payday loan debts. In some cases, these payday loan collection organization have had fines or actions taken against them by the FTC or other authoritarian organization for coming right out and claiming to debtors that they can be arrested. Though, the more ordinary approach is to suggest that this is a possible outcome.

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