Repaying Principle on PDL's
Date: Fri, 08/14/2009 - 15:59
Ok I've got a quick question. If I focus on paying off my PDL's one loan at a time for the principle or remaining principle am I doing anything wrong? Obviously, I am not able to pay everyone back at once but I am willing to pay them the principle. I'm in KY all of my PDL's were illegal (internet) except 2 which were installments. Those are my primary focus right now. Legally can I get in any trouble for focusing my repayment efforts in this manner or are these illegal lenders lucky to receive even the principle? Looking for advice.
no you are not doing anything wrong! YES forcus on the legal on
no you are not doing anything wrong! YES forcus on the legal ones first, as they probably can take you to court. The illegal ones wont take you to court. They will just threaten and harass, because thats all they can do.