Which begs the questions:
(1) How old? Are you sure this loan is collectable where you live?
(2) Did you receive proof of debt by mail? MAIL! Not fax, text, email, or voicemail. MAIL!
(3) Debt is civil, not criminal. You cannot be arrested for debt, and being threatened with arrest is illegal.
A voice on the telephone telling you a debt is 'legit', does not make it so. Prove it.
Which begs the questions:
(1) How old? Are you sure this loan is collectable where you live?
(2) Did you receive proof of debt by mail? MAIL! Not fax, text, email, or voicemail. MAIL!
(3) Debt is civil, not criminal. You cannot be arrested for debt, and being threatened with arrest is illegal.
A voice on the telephone telling you a debt is 'legit', does not make it so. Prove it.
The "pay in 2 hours or you will be arrested" is RED FLAG to a scam. If a warrant was actually issued, you could NOT buy your way out of it AND process servers do not call first.
You want written proof of the debt MAILED to you - accept nothing else (no email, fax, etc.).