What Happens If You Refuse To Pay Back A Payday Loan?
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Understand that the penalties for refusal to pay back your payday loan will depend up on the laws which are applicable in your particular country or state.
It would be best to clarify what your rights would be if in case you are later unable to repay theses loans on time. It would be in your best interest to try working out a payment understanding with your payday loan lender before taking another loan to pay off the first one.
A good place to start out in knowing your rights would be
www.paydayloaninfo.org.
The website offers consumers a number of important facts, consumer help and legal information as well. A great feature which it offers is information relevant to all the different states.
answered 2 years ago
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