What would happen if I stop paying the monthly installment for the loan.

3 Answers

No, I haven’t filed claim with insurance company yet. Thanks for your response.


You'll need to keep on making the monthly installments. The lender will want his money. If you stop making payments, then the lender may sue you.


Have you filed a claim with your insurance company??

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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