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An illegal payday company has threatened to sue me. Is it possible?

Asked on Wed, 01/14/2015 - 03:32
Anonymous (not verified)

An illegal payday company has threatened to sue me. Is it possible?

1 Answers
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Submitted by Abbie Miller on Wed, 01/14/2015 - 03:59

No, it is not at all possible. An illegal payday loan company can't:

(i) Report to your credit report
(ii)Sue you at court
(iii)Ask you to pay interest rates

What is the name of the illegal pdl company? If required, you can report a complaint against this company to the State Attorney General.

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