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Feb 9, 2011 A judgment is a court order to pay a certain amount of money. In Florida, creditors may attempt to collect judgments for 20 years after the court enters the judgment against a debtor. Thus, if your payday lender sues you within the five year period following your default and gets a judgment against you, he can 

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Oct 10, 2017 These loans are permissible, but no internet lenders have a payday loan license, so you cannot get a payday loan online. It is a Open-end loans are those that do not have a set date to finish paying off the loan (similar to a credit card: as you pay it back, you can take out more money on the “credit line”).