Saturday, October 24, 2009

What happens when you don't repay a payday loan ?

They'll probably forward the account to a collection agency that will call your house several times a day until you pay them off, they give up, or they sue you. If sent to court, they could garnish your wages to pay off the debt.

What happens when you don't repay a payday loan ?
Me and da boyz comes arounds and ruffs youse up a liitle! Get it? If youse don't come up wid da loot, I hopes youse has medical insurance or youse can swim wid cement shoes.
Reply:They start using the information you provided to contact you at home and at work asking for repayment.
Reply:a mean big bad gorilla will come knocking at your door and twist your arm.


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