I am starting another thread as I need your help badly! I was ready to send my C&D letter to PLS. They advised me that no EPP is available to me as I have a Smart loan as opposed to a PLRA loan? I've never heard of these things.
They said I can get back on my payment plan if I bring in the interest by end of week which is $352.93. I don't know what to do... Has anyone ever heard of Smart Loans or PLRA or whatever loans?
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.