Can they send me to jail?
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Immediately call your local police department and report the incident. Ask to talk with someone in financial fraud.
Also call your States Consumer Protection division and talk with the attorneys there.
It will depend on the laws of the state you live in, but generally you can't be jailed unless you had INTENT to defraud someone.
It is generally against the law to obtain something of value ( your $) by threatening to put someone in jail knowing you can't do so
The Oregon Attorney Generals Office recently filed criminal and civil charges against people in California, doing business under the name of 4 different collection companies, for this collection scam.
Good Luck
Can they send me to jail?Did you write checks for this payday loan company to "hold" for a week? And did these checks bounce? Technically the payday loan company might be able to press bad check charges. But I'd think they would have done so long before now. The payday loan company probably charged off your debt about 90 days after you defaulted.
You have a hard core collection agency calling you. They are using scare tactics to get as much out of you as they can squeeze. Tell them you want verification of the debt, including a detailed statement.
Can they send me to jail?It's a ploy. They can end up seizing some of your assets or garnishing your pay if they get a court order, but can't send you to jail. What you didwasn't wise, but isn't bank fraud.
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