I've made stupid choices and taken out quite a few payday loans (mistake!!!). And now I'm in an even bigger hole than I ever thought possible. I've done research and found OH laws regarding payday lenders and what they are allowed to do. Then I find other information that says otherwise. Are you able to tell me where to look to see if the lenders I have are legal in OH and/or what I can do to get rid of them? I don't care to pay them but I can't keep paying these ridiculous fees. Thanks for your 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.