Legal Question in Credit and Debt Law in Texas

pada loans

I got a payday loan in texas and i got behind just on one payment and they sent me a letter in the mail stating that if i did not pay them $117 within ten days, that they would seek criminal charges by prosecuting it a a hot check. is that legal for them to do. i went on ahead a paid the $117. the payment was just $46 and i had never been behind on the payment before, and they were withdrawing from my checking account with my debit card number, not the check that i wrote which was just $246.they required that you provide both a debit card number and a check.


Asked on 10/09/03, 3:44 pm

1 Answer from Attorneys
Peter Bradie Bradie, Bradie & Bradie

Re: pada loans

I doubt they could file criminal "hot check" charges in what is essentially a civil matter.

Get out from under as best you can, and avoid those people from here on out. They can legally extort what a loan shark would charge.

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Answered on 10/09/03, 3:56 pm


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