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Can you go to jail for not paying back a loan?

Eric Morgan

in Student Loans

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Roger Moore on April 27, 2018

You can't go to jail for not paying your loan. The lenders have other means of getting your money back. There is No uniform way in dealing with him, and many states have ddifferent laws about it. If your lender is unable to pay the loan on your own or through a collections agency, there is the possibility that they could take you to court on the matter.

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