Pay Day One and Think Cash - PDL's or Installment loans?

Are you paying in installments ??
Think cash is an installment loan backed bu the Bank of Delaware. It is legal. They can and will sue you

PayDay one is a PDL and Think Cash is an intstallment loan.

This is an awesome website - thank you for your help.

One more question. If internet loans are illegal in my state and I have existing loans, legally am I required to repay the principle. I'm speaking from only a legal perspective and not a morale perspective here.

Thanks!

Yes you should repay what was borrowed.

I may be incorrect but I think I read somewhere on this site that Pay day One also operates as an installment loan.
How is the op paying. Is she paying just interest or a set amount each month with some going towards principle

will it state in the contract if it is a payday or installment loan?

I understand that the principle should be repaid. However, this isn't something that I can start working on immediately due to the number of outstanding PDL's that I have. First I need to catch up on my mortgage and car payment, then the legal installment agreement. I'm looking at 45 to 60 days out before I can even start the process and with the number of them that I have it will be slow going. I was uncertain if these illegal lenders became impatient with me if they could pursue me through civil means since they are illegal?

Also Think Cash apparently owns Payday One? But Payday One is a PDL company - does this sound right?

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That is correct Think Cash is affiliated with PayDay One. Do you have two loans or one?

Pay Day One was $900 *started as $600 with refinancing, I've paid a total of $750 ' ish.
You didn't answer my questions are paying back these illegal lenders over a period of time - see above, could you please answer this too?
I have 1 loan with Think Cash (it's installment) and 1 with Payday One.

I have researched this in the past for a former member. Here is what I dug up.

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PayDayOne operates as an installment loan in many states so you need to read over your contract to see what it says. So far I have never seen a case of PayDayOne lending illegally.

They aren't Illegal. They actually are very reasonable to work with from past posts.

I understand that the principle should be repaid. However, this isn't something that I can start working on immediately due to the number of outstanding PDL's that I have. First I need to catch up on my mortgage and car payment, then the legal installment agreement. I'm looking at 45 to 60 days out before I can even start the process and with the number of them that I have it will be slow going. I was uncertain if these illegal lenders became impatient with me if they could pursue me through civil means since they are illegal?

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Thanks for your help! You've been great.