Can I go to jail or have criminal charges pressed on me for not paying back a payday loan? Posted on January 22, 2011
I took out a payday loan in 2008. I got to far behind and was unable to pay it. The account ended up being closed. I didn't have any contact info for them. I ended up moving and never received a call or letters. Now I received a call saying if I don't pay 350.00 by the 27th of this month they are going to press charges on me for fraud and intent not to pay. Can I really go jail for this?
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