what really happens if you don't pay back the cash advance loans?
janice1 asked:
i got two different cash advance loans and i closed my account, so what's going to happen now?
6 Responses to “what really happens if you don't pay back the cash advance loans?”
first, you made a big mistake using them.
if you don't pay, they can eventually sue you… and if they win, which they will since you owe them money, your paycheck can be garnished. And your credit is shot
Can you say "legal action"? And "fraud"? (if you don't pay them back)
i hope you can live up to your name – because when they get done with you that is all you will have left == between interese court cost and legel fees your greedly little spending will cost about 10 times!!!
First of all, the average APR you pay on a 2-week "payday loan" is over 100%– tack on attorney fees and court costs to that, and your measly $100 (or whatever the amount was) loan will costs you THOUSANDS. Grow up and pay your debt!
They will catch up to you. They loaned you the money – they didn't give it to you.
Hi there!…Ok, I researched this for you…
It's kinda long, so you better check it out yourself…
click here: