Legal Question in Credit and Debt Law in Texas
How can I handle payday loan payments? I have been paying for a long time, but I cannot give my entire check to these places anymore. Will I be in trouble if they turn in the checks and the checks do not pay?
Asked on 9/18/12, 10:25 am
1 Answer from Attorneys
Greg Wiley
Law Office of Greg Wiley PLLC
The checks on pay day loans are extensions of credit. They are not what is typically known as a hot check.
Answered on 10/09/12, 10:43 am