WHEN and WHY back PDL's back???

Though the payday lenders are illegal, you have borrowed the money from them. Thus, it is your liability to pay back the principal balance at least. Once you come to know that your payday lender is illegal, it's better to pay them off asap and close down your account in order to stop them from debiting extra money. If you wish, you may even go for payday loan consolidation in order to get rid of the payday loans.

well OP you bring up an interesting scenario,but one that i will answer this way.the pdl's still have an SOL so if it gets to that then too bad for the pdl.i disagree with everything anna posted as you do not put off other bills.however all reasonable attempts should be made to pay the pdl though.now since you are in NY if you can recall how much if anything was debited by the pdl's as anything debited in"fees"gets deducted from the principle so you might not owe nearly as much as you think.last thing i wish anna woul read the posts before advising on pdl consolidation.especially for someone in a state that prohibits pdl's.most if not all pdl consolidation is a scam as most internet pdl's are illegal and won't work with these place anyhow.all you will be doing is wasting money on that and still getting harrassed by the pdl's.go to the sticky titled DEALING WITH ILLEGAL LENDERS.it will guide you on how to get these places out of your life.to close try to make a reasonable attempt to pay them,but don't neglect neccesities to do it.

Here's the short answer. If you don't pay back the principal then you're basically stealing and not any better than the payday lenders are. :) I don't think you should put off paying other bills to pay an illegal payday lender, EVER. However, if you still owe money, then send them $5 per month if that's all you can afford.

that's good as well,but only what you can spare to an actual address.never give anybody new account info.

Thank you for your answers. If and when I do pay them back, do you recommend paying them by money order? I'm certainly not giving them a check or giving them a new account number to use ACH withdrawals. What other options besides a money order do you recommend for payment?
Also, let's say I do settle with a PDL for $300. Should I get an email verification letter saying the settlement fee BEFORE I send them any money? And then would they send me a PIF email after I pay them?

as far as paying goes.others have stated a prepaid card,but money orders you can track.also yes get any settlement in writing.even email works before paying,and yes get it in writing off some sort that the settlement will take care of the debt and you will owe nothing further.

Im curious then, how do we go about paying a PDL? I cetainly dont want to give them a check again??