WhiteRockLoans. com has no knowledge of or control over the loan terms offered by a lender. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.
Late Payments Hurt Your Credit Score. Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure cash loans pueblo co only accept loan terms that you can afford to repay.
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Each failed attempt can trigger a bank fee against you. Successful attempts could drain your bank account and cause other transactions to bounce, resulting in more fees. At the same time, lenders will start calling, sending letters from lawyers and contacting the relatives or friends you used as references when you took out the loan. By federal law, cash loans pueblo co can only ask for help in locating you - they cant reveal their identity or your debt situation to anyone.
Jail time. No - but threats are common. Failure to repay a loan is not a criminal offense. In fact, its illegal for a lender to threaten a borrower with arrest or jail.