pdl in fl
Date: Thu, 03/03/2011 - 13:54
As far as I know you will be liable for paying only the principa
As far as I know you will be liable for paying only the principal amount to the illegal lenders. You won't have to pay the extra charges or fees to the payday lenders as they are illegal. You can check out the given page in order to know how you can deal with illegal payday lender:
http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html
From a moral standpoint, you should repay what you borrowed. On
From a moral standpoint, you should repay what you borrowed. Once the pdls realize they cannot debit your checking account, they will contact you. If you still owe principal, inform them you will repay only what you borrowed on your terms. If you've overpaid, then request a refund. Let them know you will be filing a complaint, etc. etc. and per info on this website.
An illegal lender will not take you to court. They will, however, turn it over to a collection agency or so-called attorney. If that happens, just request debt verification and after receiving, tell them the same thing.
Good luck. You will eventually prevail.