Comments on: Can you go to jail for having more then one payday loan and defaulting? http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/ Everything you want to know about Payday Loans and Cash Advances Sat, 31 Jul 2010 18:04:56 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Doc Holliday http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/comment-page-1/#comment-381 Doc Holliday Sun, 25 Jan 2009 16:09:02 +0000 http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/#comment-381 You absolutely will not go to jail for not paying on time or defaulting entirely, so don't worry about that! But you need to start talking to people who can help you consolidate your debt and get out of the vicious cycle. Please don't take out another payday loan, it will only make things worse. Steps I would try: 1) Tell the payday lenders you're having trouble making payments. There may be a way you can get a grace period where you aren't hit with extra charges. 2) Read this from the KS State Attorney's site: ~~ They suggest you talk to a consumer credit counseling service. If you can't find one, call the Attorney General's office and ask for help (contact info is in the link). 3) Can you borrow from a friend or relative to get out from under this bad cycle? If you can't or don't want to... 4) Talk to local credit unions. Their motto is "People Helping People" - you may have to talk to several, but one may be willing to offer you a loan to consolidate your debt. If you need to, offer to have your loan payments to the credit union automatically deducted from your paycheck. The worst thing you can do is nothing - the sooner you seek help, the better off you'll be. Best of luck! You absolutely will not go to jail for not paying on time or defaulting entirely, so don’t worry about that! But you need to start talking to people who can help you consolidate your debt and get out of the vicious cycle.

Please don’t take out another payday loan, it will only make things worse.

Steps I would try:
1) Tell the payday lenders you’re having trouble making payments. There may be a way you can get a grace period where you aren’t hit with extra charges.
2) Read this from the KS State Attorney’s site:
~~ They suggest you talk to a consumer credit counseling service. If you can’t find one, call the Attorney General’s office and ask for help (contact info is in the link).
3) Can you borrow from a friend or relative to get out from under this bad cycle? If you can’t or don’t want to…
4) Talk to local credit unions. Their motto is “People Helping People” - you may have to talk to several, but one may be willing to offer you a loan to consolidate your debt. If you need to, offer to have your loan payments to the credit union automatically deducted from your paycheck.

The worst thing you can do is nothing - the sooner you seek help, the better off you’ll be. Best of luck!

]]> By: Bill C http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/comment-page-1/#comment-380 Bill C Sun, 25 Jan 2009 01:41:02 +0000 http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/#comment-380 No. In a civil case, the only way anyone can get sent to jail is if they don't comply with a court order and the court subsequently holds them in contempt. No. In a civil case, the only way anyone can get sent to jail is if they don’t comply with a court order and the court subsequently holds them in contempt.

]]> By: Superjumbo P http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/comment-page-1/#comment-379 Superjumbo P Sat, 24 Jan 2009 02:58:27 +0000 http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/#comment-379 No, They can't send you in jail for default paydayloan. First check whether you have paid the principle amount of your existing paydayloan. If you have already paid the principle amount then you asked your paydayloan lender to mark your account paid in full. You can check your state law for paydayloan interest rates. Thanks No, They can’t send you in jail for default paydayloan. First check whether you have paid the principle amount of your existing paydayloan. If you have already paid the principle amount then you asked your paydayloan lender to mark your account paid in full. You can check your state law for paydayloan interest rates.
Thanks

]]> By: johnmilton http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/comment-page-1/#comment-378 johnmilton Thu, 22 Jan 2009 18:17:54 +0000 http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/#comment-378 situation is really worse but there is one solution that you can get bad credit loans pay your all the loans and pay your installment of loans in easy way but the duration of the installment will be 10 year or 20 year that you can pay easily so visit to these website situation is really worse but there is one solution that you can get bad credit loans pay your all the loans and pay your installment of loans in easy way but the duration of the installment will be 10 year or 20 year that you can pay easily so visit to these website

]]> By: stinky_pitts_101 http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/comment-page-1/#comment-377 stinky_pitts_101 Thu, 22 Jan 2009 11:14:05 +0000 http://www.paycheckloancenter.com/2009/01/can-you-go-to-jail-for-having-more-then-one-payday-loan-and-defaulting/#comment-377 no they don't have debters prision anymore! lol, you can default and they will take it to court, and try to have your wages garnished. it could take months so u could have enough time to save up and pay it off. no they don’t have debters prision anymore! lol, you can default and they will take it to court, and try to have your wages garnished. it could take months so u could have enough time to save up and pay it off.

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