Cash Now Payday Loan
Does anyone know if Ace Cash Express will send an upaid check for a payday loan to the DA’s office?
My mother in law took out a payday loan through Ace and has not repaid it. As of right now it is in their collections department, but I want to know if it will just stay a collections issue or does she have to worry about a warrant for a hot check.
Ok here is the correct answer….they CANNOT take out a warrant for a bad check on your mother in law. This is considered a loan and there are no debtors prisons. If you read the article posted above by extremenerd you will see that was just a letter sent out by the collection agency as a scare tactic…it says Warrant Intended..and was not an official police warrant. Trust me because i worked for a PDL (ashamed to admit) They cannot do anything and if they do start to threaten criminal action let them know that you will contact the FTC and report them for illegal collection activities- believe me that will stop them. Just make payment arrangements and pay when you can. Tell your mother in law don’t worry the police will not come to her door. Good luck!