Today I received a letter from National Credit Adjusters stating they are collecting for PGL now. The letter stated I owed 1,597.62.
Back in 2012 I took out a loan for 1,000. Since then I have made 10 payments of 128.04 totaling 1,288.40. I know that PGL is illegal in the state of Louisiana. Should I contact them for a PIL and request refund for over payment? Should I explain this to National Credit Adjusters? Anyone with any success stories dealing with PGL or National Credit Adjusters?
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.