I had borrowed $300 from Spot Loans and I am supposed to pay back $731 or $700 something and I have paid back $254. My hours at work have been cut and money is getting tighter and I was wondering if they are legal in Mississippi as they say they are, I have no problem paying them back what I owe it is just with my hours being cut means my checks will be cut and I am in need of some help.
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.