Can Payday Lenders Sue You?
Yes, a payday lender or the collector that buys your debt can sue you in civil court for an unpaid loan. It is a civil case over money, not a criminal one, so you cannot be jailed for it.
Yes, a payday lender or the collector that buys your debt can sue you in civil court for an unpaid loan. It is a civil case over money, not a criminal one, so you cannot be jailed for it.
When you stop paying a payday loan, fees and interest pile up, the lender keeps trying to withdraw funds, and the debt can hit collections, your credit, or even court. You cannot be jailed for it.