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This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012). Fast Cash: How Taking Out a Payday Loan Could Land You in Jail. Payday loan companies have a new debt-collection tool: Texas courts and prosecutors. When Roger Tillman lost his job, he knew money would be tight. But he never thought he could end up in jail for being broke.
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Any late repayment will be subjected to 1 p. a penalty on a daily basis. Applicants can fully settle the loan without any penalty fees with a 1 month in advance writing.
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