I made the mistake of obtaining a title loan from Northeastern Title Loan co.in the amount of $900.00.I have paid the original $900.00.back to them.I also make monthly payments,none of my payments are applied to the principle only to the interest.I must have the full amount of the loan at one time for the loan to be satisfied.I need help,I need help,they call me a all the time and stated they will continue to do so.please help me.
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.