Auto Loan Question

On an interest bearing loan, if you persistently pay late, the payments will not result in principal reduction. Document any agreement on...

Can I go to prison for taking out 4 loans on the internet payday loans.

You are being scammed. You cannot go to jail for not repaying a loan. Report the contact to law enforcement. Payday loans are dischargeable in...

Thank you. I have a follow-up. Should I have been sued by the collection agency, and can i sue them if I should not have been?

Your question is not linked to the prior question, nor are you identified. Please repeat the old and new questions.

I pulled my credit report and a collection agency is reporting my debt at a higher charge than what the original creditor is say

Is it possible that the difference is interest? Show the documents to a consumer attorney to see if there is something improper. You can also...

Only your wages can be garnished, if not esxempt. Money in a joint account is prima facie 100% owned by the judgment debtor. The account...

This sounds like a scam. A legitimate collector would send you a "notice of debt" as required by federal law within 5 days of the first contact...

Thinking of opening a business providing services to pay bills.

If you plan to accept money to be disbursed in accordance with customer instructions you are engaged in a banking or money transmission business,...

How much do I legally have to help outside of telling my bank and vendor?Can they sue me in small claiNE when I live in Chicago?

You are probably not subject to personal jurisdiction in Nebraska. Furthermore, if a lawyer or debt collector filed suit against you there, they...

Payday loan gone bad....

This appears to be a scam. The debt is most likely time-barred. A legitimate debt collector is required to send a "notice of debt" within 5 days...

So is,it legal for a collection agencies to say you have a federal lawsuit filed against you and a warrant has been issued

It is illegal. It is also a scam. Report the call to law enforcement.