Sunday, October 11, 2009

Can the FBI really arrest me for defaulting on a payday loan?

If you've committed fraud against the company, or another person, yes.





If you defaulted because you have no money, and it really was YOUR information(social, wages, sig on ap). No.





Debt is a civil matter.

Can the FBI really arrest me for defaulting on a payday loan?
Even if the info you provided was fraudulent, I don't think the payday loan people have the FBI at their beck and call.
Reply:If it was intrastate, and was fraud, or in this case theft then it does become a federal case
Reply:They would have to show that this was fraud, and thats not easy to do.





Otherwise it is a civil matter, not a criminal matter.
Reply:The FBI has better things to do then go after people defaulting on payday loans. They said that to scare you.
Reply:not unless u took loan out it somebody else's name thats fraud otherwise just scare tactics


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