If u dont pay a cash advance back can they do anything?


Question:
I heard they can not do anything because the check you wrote them in the first place was all ready a bad check? My friend is crazy and thinks he knows all so I want to know the truth so I can prove him wrong so please answer quickly and truthfully. Thanks.

Answer:
What happens is they take you to civil court it is not a felony ,they dont issue no warrants and they place a judgement against you and you have to pay back-if your dont pay judgement it puts a mark on your credit and they will garnish wages (in some states)and get it back -point is ,it has nothing to do with the law-its a loan they handle it in civil court-dont get messed up with the payday loan stuff -it very hard to get back out of the hole.
Destroy your credit. No more cash advances for you!
The papers you sign make it a loan. They can totally screw your credit, sue to garnish wages. Do never test the loan sharks of payday loans.
They make you post date the check as well as sign a contract. Contract if properly written are binding.
DEPENDS ON WHO ARE THEY !!
Last I heard writing a bad check was still against the law. They can go for breach of contract. An advance is nothing more than a loan with a promise to repay.
You win! Your boyfriend's view makes no sense. A cash advance must be repaid or it will likely be sent to collections and you may be sued if you do not pay. I do not know any way you can get out of it short of filing for bankruptcy.
OK, now your boyfriend owes you one!
These places make a mint on the interest they charge. And the longer your friend doesnt pay, the more interest that is accumulating. They have the ability to have wages garnished, then charge for legal fees incurred to colelct the debt, etc.
Your friend is screwed.
More Related Questions & Answers...
  • If I take a cash advance and pay it back in less than 3 days will this hurt my credit rating?
  • Has anyone been addicted to taking cash advances here, I am and can't get out of it, I'm addicted to shopping
  • How do i get a cash advance on a credit card without a pin number?
  • I want to trade in my old game boy advance into cash converters for some money .. read on ..?
  • What is the best credit card currently available? My interest rate went up to 27% when I took a cash advance..
  • Where do you go to get cash advance when you dont have a job?
  • 'Contestants are recruited in advance' Cash Cab UK, How are they recruited ?
  • I need to stop dealing with cash advance places but I need $800 by friday?
  • If u dont pay a cash advance back can they do anything?
  • What to do you think about landlords taking CASH for 1 month deposit & advance...?
  • The questions and answers post by the user, for information only, AnswersRoom.com does not guarantee the right
    Copyright © 2007 AnswersRoom.com -   Terms of Use -   Contact us

    Hot Topic