I am so lost I have 2 online loans out and the internet is saying 1 loan at a time which I did not know. Some law guy called me and said that I am getting charged with check fraud and will have a warrant for my arrest but I am current with both loan places. They said it was a SCAM call to try and scare me. Also that my bank would be frozen. Please help can I get in trouble with the law for having 2 loans out online. But I am paying on them
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.