What Is The Legal Action Lenders Can Take?
I took out a payday loan a couple months ago and have not been able to pay it back. Now they are calling saying they will take legal action against me. What is the legal action they can take?
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This depends on numerous factors in your loan agreement. Have you spoke with a financial advisor or a debt counseling service yet? I think these will be your best bet as to how to pay back the debt.
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