I am in need of help. I live in Delaware. All loans are internet based. I believe Centurion is illegal b/c they rolled the loan over more than 4 times and I believe Payday Services is illegal because of the original loan amount.
I have no problem working out arrangements for the legal debt - but unfortunately I got caught up in the PDL cycle and it was just impossible to even attempt to pay! I have opened a new checking account and my pay check is now going into that account.
I am appreciative of any help anyone can provide.
FYI - on another note, I did call a couple of PDL debt consolidation places but because I live in Delaware, they couldn't help me. Any idea why?
By signing up a debt 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 payoff 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.