The loan was 200 dollars and I bvelieve I payed 50 of that back. But now he is calling me wanting 1035.00 I sent him a letter or faxed one and said I would pay the the money I owe but he wanted me to say I would pay 711.00 back. I have a fax number and address if you want it. The loan is threw sonic payday loan out of California. I would not put any amount in the fax. Thank You Brenda
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.