Not paying your cash advance is that fraud? and what legal actions can be taken against you?
Question:
Answer:
If you cannot pay (after accepting the money) your best recourse is to make payment arrangement with them. The last thing you want is negative hits on your credit. It takes 7 years to clear those negatives from your bureaus. The results are that in the future you will pay more for things like insurance and other loans. So in the long run it makes fiscal sense to get this loan paid off as soon as you can.
Reread your contract and see what options are available to you.
Good luck!
I think a month
If you borrow money and not paying is fraud. You signed the paper saying you will pay-back. They can come after you after 2 to 3 months. And if you fail to pay or make some type of arrangements with the lender, say good-bye to your credit score, and you won't be able to borrow money to buy a car or house, later in your life. At least they will charge you lots and lots of money for it.
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