I have an online loan with One Click Cash. I have paid 1100.00 now on a 700.00 loan. I have 650.00 to go yet and they just recently contacted me to get my card number because their ACH system is down. Am I entitled to a 400.00 refund and if so, how would I go about doing this and how would I also stop them from taking more money out?
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.