if i give money back untouched can there be any recourse
Tue, 07/08/2008 06:58
i recenty applied for payday loan i contacted them and told them i would send money back as soon as it is posted they will not contact me dose anyone know can i have my bank send them their money back i checked at ripoff report and they are on it so i decided not to use their money
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.