i live in north carolina . i have had many payday loans. im haveing a hard time making the payments. all my paycheck and more goes to the loans. today i added up what i have paid on each loan. i would have paid many of the loans off, since i only pay the biweekly fees. what can i do to cosolidate all the loans or do i have any other options. this cycle has been going on for several years.
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.