IÃ¢â‚¬â„¢m in Ohio and some of the PDLs are licensed here. What is the best way to handle them? If I put a hard ACH block on my bank account to stop the illegal ones then the licensed ones will get blocked as well. Do I contact them and setup payment arrangements? Will they even be willing to do that? I am going to have to do something soon and I am just trying to sort out my options on what I can do and what to expect..
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.