My payday lender told me I could be arrested if I failed to pay back my debt. Is this true?

Answer: No, you cannot be arrested for defaulting on a payday loan. If you ignore a court order to appear, a judge may issue a warrant for your arrest. You should report the lender’s threat to your state attorney general.

You should report the lender’s threat to your state attorney general. You can also submit a complaint with the CFPB online or by calling 1-855-411-CFPB (2372).

Nevertheless, if a lender has obtained a judgment against you and you ignore an order to appear in court, a judge may issue a warrant for your arrest. You should never ignore a court order. If you get a court order to appear, you should go to court and provide any required information. You may want to consult with an attorney to help you with your court appearance.

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