I had a payday loan with ace cash express in texas do you know what they can do i only got it in dec 07,?

the collection agency guy said i had to take him 500 tomorrow or he will close the case and tld me to google nsf and this was a serious matter that i got a payday loan with no intent to payback, which isnt true what can i do or what our my options? What can they do?

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  • 1 decade ago
    Favorite Answer

    Have you paid back anything at all? Agree to make payments (even 5 dollars a week if it is all you can afford) and pay it off. They can prosecute if they want to, and if you don't pay it back it will stay on your credit report at least 7 years. So get it cleared up and DO NOT EVER TAKE A PAY DAY LOAN AGAIN. The interest rates are ridiculous, and it isn't worth the hassle.

  • Buffy
    Lv 6
    4 years ago

    For Credit and finance solutions I recommend this website where you can find all the solutions. http://creditandfinancesol.info/index.html?src=bmg...

    RE :I had a payday loan with ace cash express in texas do you know what they can do i only got it in dec 07,?

    the collection agency guy said i had to take him 500 tomorrow or he will close the case and tld me to google nsf and this was a serious matter that i got a payday loan with no intent to payback, which isnt true what can i do or what our my options? What can they do?

    1 following 4 answers

    Source(s): For Credit and finance solutions I recommend this website where you can find all the solutions. http://creditandfinancesol.info/index.html?src=bmg...
  • 1 decade ago

    A payday loan is to be used for unexpected costs that you can afford to pay for once you recieve your next check. Not going shopping or as extra spending money. You signed a contract stating that you will pay them the money you borrowed, if you do not it is considered theft. If you have made no effort at all to pay them they have grounds to show that you maliciously entered the contract with no intent to repay. Depending on the laws of Texas you may be responsible for additional damages and or charges criminally. Either way you are about to default on a loan, with a car or a house it is bad enough but why would you screw up your credit on a stupid payday loan for $500 dollars? PAY THEM WHAT YOU OWE THEM. go sell something but get this resolved before it screws you even more. Late payments may allready be on your credit report and this will affect you for years to come.

  • Anonymous
    5 years ago

    i hate to be the bearer of bad news but ace express is nationwide, most payday loan places are crooks anyway your going to have to pay this their interest is very high

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  • Anonymous
    4 years ago

    I often end up posting the same question on other sites

  • Anonymous
    4 years ago

    Great insightful answers, thank you

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