I am having a hard time trying to find out if 2 of the 3 pady installments loans I have is legal in the state if Illinois. I havechecked the states website, but to be honest, i am not finding any information. i am probably looking incorrectly, so i am just going to flat out ask the forum experts. Are loans in the state of Illinois from the following two payday lenders legal?
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.