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Our secure online form is fast and easy to complete and you can receive a decision fast. No hassle! No faxing.

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If approved, money could be in your account in next business day. Direct lenders only.

Longer Term

Repay loan amount in Lump sum or installments. No prepayment cost.

Can You Go To Jail For Not Paying Back A Payday Loan?

No, payday lenders won’t generally opt legal procedures and in every sense, they don’t have the right to file a criminal case against you as it’s a civil affair.
If you fail to repay the loan in the prescribed time, then the payday lenders try to contact you first and if there’s no response, they will hand your account over to a debt collecting agency. It means you owe the money to them and they take over from there and try to settle the amount from you by using legal collecting methods.

Debt Collection By Agents

If every attempt fails then they are left with the option of filing a lawsuit against you, which is their least preferred option. Even then, you cannot be jailed or prosecuted on criminal grounds. You have to remember that the payday loan affair is more of a civil matter rather than a criminal matter. So, the lenders/collection agents have absolutely no right to send you to jail.
The lenders/agents know that the prosecutors don’t have the time for a payday lender. So, there’s no need for you to panic. Besides, the payday loans are unsecured and so, you don’t have to worry about your assets getting seized by the lender or debt collector.

Is there any probability of you getting arrested in a payday repayment affair?

Well, you can’t say so. But don’t worry. It will happen only when you refuse/ignore the court order due to the lawsuit filed against you by lenders/collectors. So, it’s highly prescribed to not overlook a court order. Just attend the court and give all the relevant information and the reasons led you to not repay the amount within the given time.

Get Your Legal Support Covered

If a lender threatens you of getting arrested, you have the right to file a complaint at the attorney general. Consult a good counselor and handle it. It’s prescribed to negotiate with the lender/collection agent and convince them that you can repay the negotiated amount in the next paycheck. This enables the trust and bonding between both you and the lender, and this enables you to even opt for higher amounts in the future.

We at www.Installmentloansonly.com have a better regulation system and reasonable interest rates for the borrowers to not feel much burden. We have even enabled the facility to extend the due date, so you need not undergo the legal procedures if you are unable to pay the amount on the due date.

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About Susan at CashUSA24/7
My Name is Susan has and I have a passion for financial writing. I am the chief writer on this Website. I do my best to verify all the information but if there is anything amiss please let me know and I will do my best to correct it.
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