When You Can’t Repay a quick payday loan? What you should do if you cannot repay a quick payday loan 1.
A day in courtâ€¦ if you don't repay your payday loan, here's what can happen: a barrage of bank overdraft fees, constant collections calls, hit after hit to your credit
+ Prioritize shelter and food requirements. 2. Offer to stay before financial obligation would go to collections. 3. Consider bankruptcy if debts are overwhelming. 4. Know your rights when controling collectors. 5. Insist enthusiasts reveal evidence your debt is yours. 6. No matter what if sued, show up in court.
If you do not repay your cash advance, some tips about what can occur: a barrage of bank overdraft costs, constant collections phone calls, struck after hit to your credit, per day in court and garnishment of the paycheck.