• They have your social security #, DL # and probably a lot of other info about you. They will definitely take you to court over it. Some good advice..stay away from payday loans. It may help for the time being but the interest is unreal and something always ends up going wrong. For instance, I had one paid off in full and they kept withdrawing from my checking acct. I called them several times to get them to stop and it took 2 MONTHS and a lot of bitching to get it cleared up. I did get my money back for the payments that were taken out but I did not receive compensation for the bounced checks they caused. I could not stop payment on them either because they took out a different amount every time.
  • Yes, because what you describe is fraud.
  • If you shut down your checking account you are committing fraud. If you do not have enough money in your account to cover the withdrawal it just bounces back to the lender and you can not face any criminal charges, however you can face Civil lawsuit against you for not paying and it will be reported to your credit report. I am in no way telling you not to pay but if you don't have the money don't fund your account, at least with a collector you can make better arrangements but you will pay a lot more money maybe double.
  • Yes. It'll be classified as theft by deception and fraud. Because you're using a check to commit the fraud, it'll probably be classified as a felony. See you in 2-6 years.

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