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At some point last year, she started getting calls from agen personal loan bsn in tears-making payments to Cash Biz through the court. A collection agency was threatening them that they were going to be taken to jail, Cinque said. To her, it sounded like the debt was being collected from two directions-a debt-collection company and through the court. She told Cash Biz to stop filing hot-check personal overdraft vs personal loan as long as the company was using debt collectors.
The court, Cinque said, gives borrowers as much time as possible to pay and tries to avoid issuing warrants. Almost all of the cases in Lawrences Harris County court emanate from Cash Biz, which appears to have found a way around the prohibition on prosecuting held or post-dated checks.
Most payday loan companies agen personal loan bsn Texas have their customers fill out a post-dated check or authorize an electronic debit from a checking account for a future date. When the loan is due, the company either cashes the check or debits the account.
That is, unless the customer doesnt have the money and wants to roll over the loan.
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