I am located in Ohio and have the following payday loans:
Plain Green Loans-borrowed $3000 paid back $712.32 Great Plains Lending-borrowed $1500 paid back $1053.28 American Web Loans-borrowed $900 paid back $0 Apply Advance America-borrowed $1400 paid back $0 Mobiloans-borrowed $1000 paid back 243.00
Where do I start? Are any of these illegal in Ohio and what can I do to settle with them? I've got to get out of this nightmare and am willing to work hard to get this taken care of.
I have been talking with Payday Loan Debt Relief about consolidating the loans, but would like to try and take care of this myself and save money on fees.
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.