ANSWERS: 3
  • Entirely possible. You should fess up and admit the problem to them and try to make some kind of payment arrangement.
  • Read your contract you signed. Its all civil as long as you did not write a check that bounced.
  • This is another question that I would have to do some research on. Traditionally, if you write a check with knowledge that there are insufficient funds, that is fraud. However, all payday loans are issued upon checks with insufficient funds, so my guess is that there are statutes that make an exception for these types of loans. However, this is speculation on my part. Under the common law rule the answer is yes, you can go to jail. If anyone knows actual law on this subject, please include the info.

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