I would suggest you visit a law library and look this one us yourself. But as to what what said, it is a threat they use to get people to pay. Tell the person you will be happy to respond to a properly presented claim in writing with accompanying proof of claim. If you have ever done one of these pay day loans, the presented material should be clear to you what you need to do. All amounts are always negotiable. They do not want to expend money to collect, so you can save by negotiating.
Answered on Sep 24th, 2013 at 1:41 PM