Has anyone made any headway with their Western Sky loan? I'm in Michigan, and I know my Attorney General filed a lawsuit, but I've heard nothing. I tried to contact the person from the AG's office that contacted me but haven't heard anything back. I defaulted on my Western Sky loan (which is really Cash Call) in June. I sent them all the letters and I get letters from them every month about settling the loan, lowering my payments, blah blah blah. I overpaid them by about $1000. Just wondering if there has been any news or updates about them. It if anyone has gotten pif letters.
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.