I have been reading this forum non stop for the last two days--and now would love some help from all of the experts here. Here is my PDL situation
Paydayone original loan 500 paid 400 CashnetUSA orginal loan 1500 paid zero so far CashCentral Original loan 400.00 paid 100.00 Quickest-Cash-Advance MTE original 500.00 paid 675.00 so far Impact USA orginal loan 350.00 paid 315 so far
CashAdvanceNetwork orginal loan 350 paid 575.00 so far.
I would appreciate any help with how to proceed. If I have read correctly, ...any advice is much appreciated. the first thing I should do is close my bank account, then send letters to the company's that are illegal and work out payment arrangements with those that are legal
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.