I took out several payday loans at one time and didn't pay them back is that a crime?

I did something stupid. I took out several payday loans over a three day period totalling less than $3000. The money was to help a friend to purchase a car. She said she would pay me back when she got her student loans and then she disappeared on me. I have no way of locating her. Now I'm stuck with the debt... show more I did something stupid. I took out several payday loans over a three day period totalling less than $3000. The money was to help a friend to purchase a car. She said she would pay me back when she got her student loans and then she disappeared on me. I have no way of locating her. Now I'm stuck with the debt and can't pay any of it. So any suggestion to enter into a payment agreement would be worthless. I have a house and I attempted to take out a loan against the house to pay the creditors off but my credit is too bad to get a loan.

Now I'm worried that because I got all these small loans in such a short period with no way of paying them back I could be charged with a criminal offence. My 'story' doesn't sound so good, 'I did it for a friend who has now conveniently disappeared.' On the face of what I did it looks to me that I may be able to be charged. Am I correct and if so what would the charges be?
Update: I'm in the state of Iowa.
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