Is there some specific information regarding the laws of Ohio that state a lender must be licensed in the state of Ohio to lend to Ohio residents? I keep getting responses from pdls in response to the "all in one" revocation letter stating that "yes, we are legal and can lend to Ohio residents" I know they are full of it, but I want to shoot something back to them. I actually had one pdl send the Ohio laws back to me minus the Rollovers allowed: None section... funny...
Oh well, just needed some added ammunition. Now, each time they call my work, I send the letter,again. PayDay Loan Yes is the worst!!
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.