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Can I lose my job if I default on a online payday loan?

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If you got a loan online, kindly check the laws of the state the company is in. If a payday lender cannot collect the debt itself or through CA, it may decide to file a lawsuit against you. This may result in wage garnishment but the employer cannot fire you from your job. Failing to repay a debt is a civil matter, not criminal.

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Last Updated on: Fri, 8 Jun 2018