I have 2 payday loans. One is with American Web Loans which is online out of Missouri. The original loan was 400.00 and I now owe 1,300.00, my account was closed soon after the loan was taken for suspicious activity from another loan company I never borrowed from and they were connected to this company. I have another from advance america for 450.00. Am I going to jail, and do I have to meet debtors price demands or can i send what i can?One of them said something about charges for fraud and an institution. Look, I will have to drop out of school to repay them at the rates they set for me. It is in the last phase before litigation's, and I have 25.00 a month to spare, where as they want 106.00 a month on one and 50.00 on the other. I am freaking out. I am not working, I have no assets for them to take and I just have no idea what to do next. Its not like I planned to lose everything and default on my loans.