Can you go to jail for not paying back a cash advanced payday loan?

the failure to pay back an advance is not a criminal offense so you cannot go to jail. it is, however, pretty unethical.





and no, it is not theft. an advance is something that an employer was WILLING to give you. maybe there were special conditions, but an advance is not stealing. they gave it to you for christ sake.





it may be considered fraud if you had the intention of fraud. if you took advantage of your employer and never had the intention of paying them back, then the state would have to prove that in order for you to go to jail.

Can you go to jail for not paying back a cash advanced payday loan?
yayaya..............
Reply:If they can prove you got the loan with no intention of paying it back, you could be jailed for fraud.


But in most cases, they will take you to court, get a judgement and take anything they can find to get the money.


Once they get a judgement, they can take bank accounts, vehicles, wages/salary, almost anything you own or earn.
Reply:Not unless your state still has a debtors prison. In most jurisdictions debtors prisons were abolished long ago.
Reply:np, but it might show up on your credit report
Reply:no but everything you own will be sold by


the bank and you will be out on the street


and you will lose you car get my drift
Reply:As someone who has over 4 outstanding payday loans, I can tell you "No", but they will eventually send it to collections and harrass you on the phone. Best to pay them off as soon as possible.
Reply:no...
Reply:It depends on the contract you signed. But if they prove fraud, or worse, that you stole the money, then you can go to jail. Why would you not pay it back? Are you really clever enough to avoid the consequences of your action? Or, are you moving to another country, because if the answers are 'no' then you can expect a lot of trouble.
Reply:There is a strong possibility... Depends on if they press charges and follow them through...
Reply:I believe eventually they can try to charge you for not paying it back, but they will almost definitely charge enormous late fees. I would talk to the lender about it if you need more time.
Reply:Oh believe me! They will get their money and the high interest they placed on the money loaned to you, by any means necessary!!
Reply:maybe
Reply:Oh yes, they usually refer to it as credit card abuse, or fraud with a promisary note. And they will come and get you.
Reply:Possibly, but that's nothing to what happens when you post dumb questions like this on the royalty page....
Reply:They can't send you to jail. They can sue, but not threaten having you arrested. If they do threaten this, be sure to document when and who says this and you may be able to sue them for larger damages than you owe. There is a federal act against this type of behavior, but many credit companies still try threatening tactics to scare you into payment. Consult a lawyer if it continues - or just pay up, at least make a payment arrangement.
Reply:You can not be put in jail for owing money. You can be for commiting fraud. For example you borrow money and give a counterfeit check or you go from one place to another borrowing money that you know there is no way to pay back.
Reply:These places have a black list reporting system and they keep track of those who do not pay up. You should try to negotiate an extension for payment if they do not already have a system in place for extension of late payments. Otherwise, if you gave them collateral, i.e. car title, checking account, employer information, etc., they will keep the car, garnish your bank account or your earnings/wages from your employer until they are paid back.
Reply:POSSIBLY it is dishonest, and your signature , are you saying that your name is no good? as for jail welli would say it depends on the lender
Reply:It ammounts to fraud and theft.
Reply:prob notbut they can sue and ruin your credit
Reply:Of course not. Once you get paid, it should be directly debited from your account back to the Department of Social Security. If it isn't being direct debited from your account, I advice you to organise it so that it will be. This will save any payment cut-off's, and prevent you from being in debit.

lily