May I visit prison for maybe not repaying a quick payday loan?

May I visit prison for maybe not repaying a quick payday loan?

With every guideline, there is certainly a technicality. Whilst in basic, you will not head to prison for perhaps maybe maybe not repaying a loan that is payday you nevertheless could.

” when you look at the U.S., you can not head to prison for simple indebtedness,” Drury claims. “You can, nevertheless, head to prison for fraudulence or theft if it’s determined that there was clearly an intent that is genuine maybe maybe not repay the mortgage.”

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