Had Some Financial Trouble and Payday Loans. – Brittany

Had some financial trouble and had a couple payday loans.

The payday loans that I had are now unpaid due to a huge unexpected bill. Not long after that I began getting calls from people with heavy indian accents saying that I will be arrested if I don’t pay them money. (one even said I would spend Christmas behind bars). One the men I spoke with told me the company that filed the charge and the company sounded familiar so I started paying it. Is this legit? Can they send me to jail?

Thank you for your help,

Brittany




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Sincerly,
Steve

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Damon Day - Pro Debt Coach

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7 thoughts on “Had Some Financial Trouble and Payday Loans. – Brittany”

  1. Fortunately for you, they cannot send you to jail and those threats they are making against you are illegal. Most that could be done would be court action to recover their funds but unless it was an abnormal amount most of these companies will never pursue that option.

    What they can do is put you into their network system as someone who skipped out on their loan (i know you have a struggle, but that’s how they’ll put it) and their partners won’t loan to you anymore. I just recommend either taking care of it or working out an arrangement with them to get it done. If they keep threatening you tell them you recorded the call and will send it to the authorities.

    Hope that helps, good luck 🙂

    Jay Nathan
    http://www.ibarifinancialgroup.com

    Reply
  2. Fortunately for you, they cannot send you to jail and those threats they are making against you are illegal. Most that could be done would be court action to recover their funds but unless it was an abnormal amount most of these companies will never pursue that option.

    What they can do is put you into their network system as someone who skipped out on their loan (i know you have a struggle, but that’s how they’ll put it) and their partners won’t loan to you anymore. I just recommend either taking care of it or working out an arrangement with them to get it done. If they keep threatening you tell them you recorded the call and will send it to the authorities.

    Hope that helps, good luck 🙂

    Jay Nathan
    http://www.ibarifinancialgroup

    Reply

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