Comments on: default on payday loan in Texas?

By: jamesPurple

jamesPurple — Sun, 25 Jan 2009 07:20:23 +0000

You’ll have to pay some fees, but I doubt you’ll get a bad check notice in your credit score

By: robert w

robert w — Sat, 24 Jan 2009 03:24:38 +0000

Real thrifty,

In Texas we have the best lawmakers and laws money can buy.
The predatory lending of Payday lo0ans company’s (400 - 800% a year interest) cause more hardships than drugs in Texas.
Yes you can be charged for a bad check by the DA.
Thery are not in the pocket of the loan companys but the loan laws are so they WIN.
visit DaveRamsey.com to learn what you need to do to get out of the H-LL you are going to go in.
Now turn the TV off and sell it. Sell anything that isn’t nail down and are not family. Get 2nd and 3rd jobs ( spouse too) to pay this hydra (multi headed) snake off before you have some P.O. knocking on your door escourting you off to jail.
Tell any one you know about the dangers of these blood suckers.

By: Jack

Jack — Thu, 22 Jan 2009 19:50:16 +0000

No, for the default to be of a criminal nature the state would have to prove intent.
Unforeseen circumstances that adversely affect your payment plan are just that and do not constitute fraud.
The missed payment could end up on your credit history though so I suggest you contact the lender and make arrangements prior to the due date.
Good luck.

By: dombreed

dombreed — Tue, 20 Jan 2009 11:18:37 +0000

Dude? real thrifty, payday loan, who the fuck allows you to breathe the air on my planet. MUNSON!!!!!!!

By: piethedog

piethedog — Mon, 19 Jan 2009 21:31:43 +0000

If you didnt write a check, then don’t worry, they will just have to make payment arrangements.