Payday Loan Felony

Can you be charged with a felony for not paying a payday loan?

What happens when a payday loan is not paid off in the time allowed? Will lenders consider it a felony and seek legal resolutions to get their money back? No, failing to repay a payday loan is NOT a felony No, it is not a felony if you don’t repay your payday loan. In fact, …

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