This is a discussion on What will happen when Ace cash express files a case to get their money back? within the Legal Issues forums, part of the Business category; I took out a pay day loan 3 months ago. I now owe them 283.00 dollars. They called me to ...
What will happen when Ace cash express files a case to get their money back?
I took out a pay day loan 3 months ago. I now owe them 283.00 dollars. They called me to inform that I could no longer make payments and that they wanted me to pay the amount in full by 5 pm that same day. If not they said that they were going to file a case against me. I need to know if they can really do this and if its going to be a civil matter or not. I am not worried about my credit but I am worried about any criminal charges.They also told me that that they were going to verify if i was employed and that they were going to speak to my human resource department. I then told them that i was unemployed. Please someone help me with an answer.
Re: What will happen when Ace cash express files a case to get their money back from
You will not go to jail. This will be a civil and criminal cases, instead of one. What will be their rotten to win the case, you will have collection agencies hounding you to pay money for a long time. They will also be sticky on penalties and costs. Of course, they may not really put you to court over 283 U.S. dollars of pay day loan. Kind of dramatic things that they do such a small amount. In addition, Texas State, You can earn good there.
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