Tuesday, August 4, 2009

What will happen if I dont pay payday loan?

The catch is - I'm not USA sitizen.So if I take 10 loans 500$ each and go back in my country what will happen next?My country of origin is Greece by the way!Can they press charges against me and how will they make me pay after I'm gone?



What will happen if I dont pay payday loan?

Financial institutions have branches and agencies in all EU countries. They will find you in Greece and sue you, claiming in addition, their costs in tracking you. You can cheat an individual, you cannot cheat the big battalions.



Incidentally, you have shamed the name of Greece.



What will happen if I dont pay payday loan?

they dont just give loans out. You gotta provide certain information that they check, and if you dont they wont give it to u. you probably wont qualify if you are not a citizen



What will happen if I dont pay payday loan?

You may serve time in jail ___ better run



What will happen if I dont pay payday loan?

The problem is that you just did not happen to have had financial problems and as such defaulted on a payday loan, you actually planned it, so it was a premeditated action in your part...it i no longer a civil collection matter, but it is very easily a criminal matter, you conspired to to defraud the lender....



I would not go there, as to what they could do, the best would be to get a judgement against you. Depending on the laws in your country, they could and only maybe get a local court [in your country] to recognize the judgement, although we are talking about something that is not easy and expensive, at best.



On the other hand you are not going to 10 loans, the payday loan companies although they advertise they dont do a credit check, they have there own data bank to list the loans and see who has them and who has defaulted.



Be a good man dont take the wrong road, sooner or later it will run short on you...

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