Comments on: Can I be Arrested for Default on a Payday Loan

By: My Payday Loan Poem – California Loan Find

My Payday Loan Poem – California Loan Find — Mon, 16 Aug 2010 17:05:16 +0000

[...] At Clf we get allot of traffic from borrowers who have collection agency scumbags chasing them, harassing them, and being downright unsportsmanlike, by threatening to have them put in jail. [...]

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By: Arlene

Arlene — Mon, 14 Jun 2010 16:32:42 +0000

I tried recording the collection agents phone call thing, and it worked perfectly. Even better, I had a one collection agent go ahead and get nasty and threaten me with jail if I didn't pay up - I gave the recording to the cops and the cops said they sent it to the proper authority - will be fun to see what happens. I might never know and the cops will probably never tell me what happens with the recording. Anyway, they're all just blowing smoke. You can't go to jail for missing loan payments.

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By: Markus Orelious

Markus Orelious — Mon, 07 Dec 2009 04:21:29 +0000

Don't be terrified. They can't do anything to you and they are hired to simply read off a script. I had a friend who did this for a summer job. It's all bull - RELAX!!!

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By: Dianne

Dianne — Sat, 28 Nov 2009 15:43:05 +0000

i just had a call last night saying I defaulted and it was fraud. I was told i would be served and arrested at 11:00am on monday if i didn't pay immediantly. I am terrified

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By: Check N’ Go Payday Loan Video Showing APR Reality – California Loan Find

Wed, 07 Oct 2009 19:15:33 +0000

[...] bugging you all the time. Some even threaten to put you in jail, and if you ever have that happen, please read this post about recording your phone calls with them and turning them into the [...]

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By: sheila

sheila — Tue, 06 Jan 2009 20:57:22 +0000

Like the "one phone call from jail" joke. But let's face it when you are behind on payments and you are actually using payady loan or cash advance companies you're going to have to pay it back or you're credit rating is going to be destroyed. These companies really get nasty and "jump the gun" like Peter mentioned above. Great article Peter.

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By: Marianne

Marianne — Tue, 06 Jan 2009 20:43:53 +0000

Ever heard of call display, or don't the phones in jail have that? If they could arrest you for missing payday loan payments the cops would have to hire about 300,000 more patrol officers in Los Angeles alone. Argh....why to borrowers even listen to these reptiles.

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By: Mark

Mark — Tue, 06 Jan 2009 20:41:18 +0000

Don't worry about it, you can't be arrested for this! Just HANG UP!

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By: Tesla

Tesla — Tue, 06 Jan 2009 20:40:07 +0000

Thanks for this information. I had a collection agency calling here everyday for a month threatening my roomate (not kidding here) saying all sorts of stupid things

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By: Jon

Jon — Tue, 06 Jan 2009 06:14:51 +0000

Getting a laugh out of the Karl Rove picture. Chubby little dude. But on point - defaulting on payments for payday loans can not result in someone being arrested. Ridiculous and I can't believe that people would believe anyone who tells them that. Who would get a payday loan anyway....god.

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