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I received a call from crs legal services who says they are going to process and charge me for fraud for not paying two payday loans. I closed out my account because it had over 1000 in nsf charges from internet payday loans trying to hit it. I live in texas and if I am not mistaken the loan companies are in texas. can I be arrested?
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whao are the lenders?i doubt they are in tx as these are online loans and an ACH is not a checl.report crs to your local police and then ignore future calls.you won't be arrested.that is the favorite illegal threat of a bottomfeeder.
You can’t get arrested for nonpayment of pdls. Debts are civil case, not a criminal offense. File a complaint against them to the SAG or FTC immediately.
The CFPB is working hard to protect vulnerable consumers like you from being preyed upon by these predatory lenders. So, you can approach them for help too, here is the url to their website: http://www.consumerfinance.gov/complaint/
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Tr80Dv Major thanks for the article.Thanks Again. Really Great.