I just got a call from NCR processing about some pre-legal processing. I called the number back and it was a loan I had from VIP Loan Shop totaling 1200. I borrowed 450 and I haven't made any payments on it. They threatened to garnish my wages and send me to court. Their number is 888-254-9281. I sent a complaint to Michigan attorney general and FTC. What should I do?
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.