No one ever goes to jail, hardly anyone goes to court over this. It’s all a cat and mouse game. You have to understand that it’s a business and nothing more. Collection agencies have no connection with the courts and whomever tells you they do is lying through their teeth.

People who default on credit shouldn’t worry so much. You won’t go to jail, the sheriff won’t be knocking at your door nor will the customs agents haul you away for not paying your debts. You do have options however,even if you cannot pay, or have no income, you can still obtain a line of credit, whether via prepaid cards or merely opting to purchase credit reports through other means. Although somewhat of a white collar crime, it can be done. Yet, in order to understand debt collection agencies, you must realize that they are in the business of making money, kind of like bail bonds.

In this day and age where credit defaults are used as a means to hold onto a bank (just look at what’s happening around the world), cash is still king. You’re just a small, miniscule cog in an otherwise gigantic gear. Don’t sweat it, they won’t come after you.