my husband and i took a small 300.00 loan from this company about a year and a half a go and had been having 75.00 every two weeks out of our account. we had paid over 700.00 and they said we still owed them. i put a stop payment from my bank and just yesterday i got a call from 1866-371-4191 saying that we are going to be served a summons for fraudulant. that we owe 1400.00 dollars and are being taken to court. what do i do? im from Iowa
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.