I got a call from a lawyer stating that I was going to jail for 6 months for a payday loan unless I sign a legl agreement for a repaymen plan. When I asked to send the said agreement over fax, he said he can't do that until he recieves my card information. He again called toady and stated that if I don't show up at the court house tomorrow, then I'll be arrested for 5 months in jail. What should I do?

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I will tell you right now that the caller is from the collections agency and they are using intimidation tactics to force you to pay and that is actually illegal.

If you don't pay a payday loan, it becomes a charge-off on your credit report which will severely damage, if not ruin, your credit score making it difficult to obtain any credit for years.

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Have you got any court papers regarding the debt and a lot of other specifics? Usually, without court orders, you cannot be put in jail for payday loan debt. Check out with the court house and see if your name is listed there.

I suppose it's a creditor or a collection agency (and not a lawyer) that is violating the FDCPA. You should immediately contact an attorney who is familiar with the law.


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