Good morning I have been reading this site for about two weeks and just got up the nerve to write. I have payday loans via the internet, I said it out loud finally, I have paid in fees all that i owe to a few and only owe a minimal amount to the few I still owe but of course they still want more than I owe. Please help me don't know what to do or how to do it. Thank you
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.