So I took out an online PDL with check n go a few months ago...and now the payments are starting to get to me...300+ a check. At this point ive pretty much payed off the principal and requested a defferal or a refinancing, they said I wasn't eligible for either.
I also have a mobiloans loan that I need to take care of too. I have been making my bi weekly payments to both on time. Whats the best way to go about them both?
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.