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Do I need to repay pdl if the company has stopped functioning?

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I took out a payday loan but has come to know it has stopped functioning. Do I need to repay the loan?

Yes, you should pay off the loan. You have signed a legal contract with the lender, which contains various terms and conditions related to interest rates and payments. The contract is still valid even if the company has stopped functioning. So, you should continue your monthly payments.

Sub: #1 posted on Mon, 09/23/2019 - 20:36

Nick Jonas Nick Jonas

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