I got caught up in this stupid cycle. Something happens, take out a pdl. Take out another to cover bills, take out another to cover bills and the pdls.........and it keeps going on.
All but 2 of them are ones I applied to in person in my city.
I have come into a bit of money, but not enough to make any kind of serious dent that I NEED. I have been up calculating left and right trying to figure out how to pay them down, lower the interest and eventually pay them off one by one. Nothing seems to add up to saving my butt by any stretch of the imagination.
It has gotten to the point where my bills WILL be affected.
I cannot close my account. Any suggestions as to how to go about settling with non internet pdl's? Any Karma repemtion centers anyone knows of?
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.