What happens in Virginia when you don't pay back your payday loan?

In Virginia, if you fail to repay a payday loan, the lender may pursue collections, which can include contacting you for payment or reporting the debt to credit bureaus, negatively impacting your credit score. Additionally, they may charge late fees and interest on the outstanding balance. If the loan remains unpaid, the lender can take legal action, potentially leading to wage garnishment or bank account levies. It's important to communicate with the lender if you're unable to pay to explore possible repayment options.