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Can an online payday loan that goes unpaid get you fedral wire fraud charges

Mcloud, OK |

got an oline loan then bank acct. got close and now this company said they are press fedral charges for wire fraud and many other charges as well

Attorney Answers 3

  1. Surely you didn't really pay by wire!
    Wasn't it was just an automatic, recurrent debit?

    I don't see any basis for Federal criminal charges.

  2. No. And Online Pay Day loan brokers must follow the FDPCA in Oklahoma. You should report them to the Oklahoma Dept. of Consumer Credit. File a report at the link below.

    The answer given does not imply that an attorney-client relationship has been established and your best course of action is to have legal representation in this matter.

  3. Your description is suspicious for payday loan extortion. The FBI is involved and accepting complaints. Here is one early FBI press release: Much more information is availalbe online.

    Best wishes for a favorable outcome, and please remember to designate a best asnwer.

    This answer is offered as a public service for general information only and may not be relied upon as legal advice.