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Sure they can sue you , but in Texas we can not have our wages garnished. Unless its from the IRS or State such as owed child support, there isn't a debtors prison, and its not considered check fraud as alot of internet loan collections agencies like to call it. its a simple default on an unsecured internet obtained loan. Worst case scenario, it will be on your credit for the next seven years.
Hope this helps and makes you feel confident enough not to worry.
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Are internet payday loans safe?
Yes, payday loans are absolutely safe. Even these loans are easy to apply and does not take much time to get your application approved. Applying payday loans via internet or online form is safe and is fully private.
What happens if you default on a payday loan in Georgia?
Payday loans are considered illegal in the state of Georgia. However, if you default on a payday loan, the company can sue you in court. The judge will decide how a judgment will be carried out if the loan was given in Georgia illegally.
Are online payday loans legal in Texas?
Yes, online payday loans are legal in the state of Texas. The state features very strict rules for lenders, so you'll have to find a lender that follows these laws properly.
Where can you get small payday loans from?
You can get small payday loans from many companies such as Cashanyday. You may also be able to find companies in your local area using the internet or a phone book.
Is there a place on the internet where I can print out information on the dangers of payday loans?
Payday loans come under the heading of "predatory lending." There are interesting articles at http://www.texpirg.org/financial-privacy-security/predatory-lending AND www.responsiblelending.org/consumers/ You can go to . The article advices on the dangers of payday loans.
Where can you learn more about faxless payday loans?
Faxless payday loans are described in detail in the encyclopedia of payday loans. Most payday loan companies, like Cash America and payday express, are happy to provide faxless payday loans, in fact preferring to give their loans in person.
What are the interest rates on most payday advances?
Interest rates on payday advances can add up to between 300% and 3,000%. Payday advance loans can be dangerous because they have a 10-20% default rate on average.
Is there a payday loans website for Christians?
Yes, there are some websites for payday loans for Christians, some examples are: Christian Faith Financial-Christian Payday Loans, Payday Loans Apply and ChristianNet.
How can I compare the best paperless payday loans?
If you need an advance on your next paycheck, and have computer and internet access, you can apply for a Paperless Payday Loan.
What are your opinions on fast cash advance?
Yes, fast cash advance is a scam and is not licensed to give Payday Loans in the state of Washington. Doing payday loans through the internet is very risky.
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What companies offer payday loans in the UK?
Many companies offer payday loans in the UK, where there are fewer restrictions on payday loans than in the US. Some of these companies include Speedy Cash, Vallarta Loans, Piggy Payday Loans, Payday Ninja and Quick Quid.
