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(Lending and credit). The ad must not appear again in its current form. We told Instant Cash Loans Ltd to ensure that ads did not present payday loans as a way of addressing ongoing financial concerns and that ads which included an incentive to apply for credit also included an RAPR with sufficient prominence. Instant Cash Loans Ireland Limited.
Company Summary. Instant Cash Loans Ireland Limited was set up on Tuesday the 12th of February 2008. Their current address is Suite 3,One Earlsfort Centre,Lower Hatch Street,Dublin 2, and the company status is Normal.
The company's current directors Kevin Kaye and Scott Cohen have been the director of 0 other Irish companies between them.
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. Nonetheless, some payday lenders have succeeded in using bad-check laws to file criminal complaints against borrowers, with judges erroneously rubber-stamping the complaints.
The Consumer Financial Protection Bureau advises anyone threatened with arrest for nonpayment to contact his or her state attorney generals office. You should never ignore a court order to appear in court, even if the criminal complaint was filed mistakenly.