I live in Massachusetts and need help getting out of Payday Loan debt. All of the companies I've dealt with are internet based. Here's a list of them:
Paycheck Today Original Amount Borrowed = $300 Amount Paid to Date = $735
OneClickCash Original Amount Borrowed = $300 Amount Paid to Date = $625
ameriloan Original Amount Borrowed = $350 Amount Paid to Date = $715
CAN (Shows Up as That on My Bank Statement) Don't think I authorized this one Original Amount Borrowed = $400 Amount Paid to Date = $480
Zip19 Original Amount Borrowed = $200 Amount Paid to Date = $0 so far due in full 8/22 $239.96
NLS Cash Advance (Don't Think I Authorized This One) Original Amount Borrowed = $250 Amount Paid to Date = $0 so far (don't even have any loan terms!!!)
I'm not sure where to start with all of this. I've seen posts about ACH Revocations but have no idea what they are, etc. If someone could give me the steps I need to take to get back on track, I'd greatly appreciate it!
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.