I got a call today from a woman who says she is representing a company that bought the original payday loan from the company I took one out for. I got a payday loan from SSM group online (which is not licensed in the state of Iowa) Anyways she said SSM sold their debt to a differnt company and now this company is sueing me and said she will go through with the summons, etc.. Anyways is this legal to do? I told her SSM group was illegal in the state of iowa and not licensed she claimed she has no affilliation with SSM group because they sold my debt to this other company.. Should I be worried? They said I could settle it outside of court but i didnt know what to do.. Any advice would be helpful with what I should do and can they really sue me?
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