o kay I am really over my head right now and have no idea what to do. I just lost my job. At the present time I have the following payday loans. Check n Go for 1700.00 Ace cash express 800.00 speedy cash 379.00 and Cash Central for 1900.00. I am going to apply for social security but don't know how im going to get these paid off. Please help. I live in Missouri and really need help.
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.