Hello, Thank you for your help with my earlier post. Since Spot Loan is illegal and I have paid $495, should I push for paying the reminder of $305 of the remainder of the 800 Loan? The lady I am dealing with is being incredibly unreasonable. I haven't said anything yet about the loan being illegal. What should my approach be? thank you.
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.