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What happens if you can’t payback a payday loan from Amscot in Florida?

Question by Erica: What happens if you can’t payback a payday loan from Amscot in Florida?
Do I call them to make payment arrangements? Will they cash the check and I’ll be left with a negative balance and overdraft charges?

Best answer:

Answer by BEAUTY
they arrest you

What do you think? Answer below!

 
2 Comments for this entry
crazyjester9
September 15, 2011
06:09

Beauty couldn’t be more wrong. They cannot arrest you for not paying your debts UNLESS they can prove fraud…not easy to do.

These things are a civil matter, not a criminal matter.

Most likely you’d get harassed by a collection agency, maybe sued depending on the debt.

Reply
Gerald
September 15, 2011
06:48

Call them and ask. I’m sure it will cost you plenty — 130% interest on the loan. If someone says anything about your first born child or an arm and leg. Just a joke–OK

Reply

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