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If I take out a payday loan from an offshore company, then will it be a legal loan or illegal? Do I need to abide by the contract?
If I take out a payday loan from an offshore company, then will it be a legal loan or illegal? Do I need to abide by the contract?
Abide by the contract.
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No, it will be an illegal loan. The contract is also invalid. In this case you owe principal only. Don’t pay any interest or fees.