Ok-I live in Nebraska and I have read a lot of stuff on here and I'm glad I found this site. I am dealing with these two rediculous companies right now and how or way I put myself in this situation I have no clue but will never do it again. I currently have a loan out with both of these companies but still owe the prinicple on both of them. I have read to close my bank account so they can no longer ACH payments out of my account. I want to do this however want to make sure both of these companies are illegal in my state. I don't have a problem paying back the principle however I'm not paying back their high intrest charges. Can anyone tell me if both of these companines are illegal in Nebraska and tell me what I should do in my situation? I just want to be done with these ass holes. Also I don't want them calling my employer either. And is there anyway to get them off your credit report? Please Please Please 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.