Can a payday loan place sue someone in missouri?

Answer On One Hand: Consumer DebtIn Missouri, a payday loan is considered consumer debt. In the event of a default, the lender can legally pursue repayment, which may include turning the debt over to a co... Read More »

Top Q&A For: Can a payday loan place sue someone in missouri

Is a payday loan a personal loan?

A payday loan, also referred to as a paycheck advance, is a personal loan. It is a short-term loan designed to help the borrower cover expenses in an urgent situation, until his next paycheck. Howe... Read More »

How to Get a Payday Loan?

A payday loan has many names. It can be called a cash advance loan, a check advance loan, a post-dated check loan or a deferred-deposit check loan. The Federal Trade Commission in the U.S. calls it... Read More »

How to Pay Off a Payday Loan?

A payday loan is a short-term solution to any financial emergency such as paying bills like utilities and mortgage payments. The payday loan has high interest rates and a due date for repayment. Of... Read More »

Can you default on a payday loan?

Those who need a temporary cash infusion often consider a payday loan, at the expense of incredibly large interest rates. Payday loans are fairly easy to get, since most companies do not perform a ... Read More »