I have previously posted as a guest on here... I'm afraid that the PDL companies scan this forum, lol. I closed my account this week and am wondering what to do next. I set up EPPs with my storefront loans but have done nothing so far with the onlines, 10 of them. The threatening calls are starting to come in. The problem is that I have at least four of them ($300) loans that I have been paying $90 interest payments on every two weeks since January and February. I dont even know how to contact these ones because there is only a name; EME Marketing, SJM Marketing, Summit Group, Loanshop/Overlan. I wouldnt even know where to begin with these. I do know that there is at least one that is legal in my state, AZ. that is recent. Please help!! What is my next step?
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.