hey i am new to here but have the same problem a lot of people have. To many payday loans. I live in California and I closed my account on my lenders and told them that i would make payments if they would send me a physical address to send the payments to. They constantly call me at work and say if i don't make the payments they will just take it out of my tax refund. Can they do that?
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.