Can You Go to Jail for a Payday Loan?

Can You Go to Jail for a Payday Loan?

Summary: Are you being sued for a payday loan? Is the lender threatening you with jailtime? Find out if you can go to jail for a payday loan.

Did you know about 12 million Americans use payday loans annually? This comes as no surprise, given that payday loans help fulfill the financial needs of many working Americans who can’t access traditional loans.

Payday loans may seem convenient and offer a short-term solution when you need immediate cash to cover an emergency. Continue reading