I send one of my PDl's a complaint letter at the beginning of April, telling them that they overcharged me by $245 and I was demanding a refund (I knew my chances were slim). I borrowed $200 and they were continuing to take out $89 every two weeks. In ended up having to close that checking account. Yesterday they send me an email telling me that they were going to credit my account but needed my checking information. I called my bank and told them the situation and he suggested that I do give them the information, but if there is any money deducted, then the bank will dispute it. What do you all think. I don't know of any other way to get this money back. This is only one of many that overcharged me. Their name is Payment Direct Online.
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.