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By taking out a payday loan, you can avoid the penalties that come with unpaid bills, bounced checks and overdrawn bank accounts.. Does LendUp offer Cash Til Payday Loans? Yes, LendUp offers short-term online loans that act as an easy alternative to payday loans.
A payday loan default can drain your bank account and trigger collection calls, a lawsuit and wage garnishment. Here are some actions you can take to protect yourself if you cannot. 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.