I've been working to try to get responses from every state to help explain payday loan laws. I've recruited some help! It's not finished yet, but will be soon.
I want to keep this stuff all in the same format. Call me a control freak, but I want them to look the same, be easy to read, etc. If you have information you would like to add, please PM me with it and I can add it, or just copy the formatting already done. I really want this to be easy to understand, easy to read, and help people make sense of the laws.
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.