I'm very shaken here and don't know what to do. I have let an Ace Cash Express loan default and now they are threating me with a lawsuit and won't let me make any sort of payment plan with me. They said unless I pay them $1,200 by Friday they will contact my work, hr department and supervisor and file a suit for me writing them a bad check.
I will take any and all advice. I don't know what to do!
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.