I was involved in the lawsuit against WS and was sent papers if I wanted a refund for the overage I paid to them. I just received a refund check in the mail but not equivalent to what I paid over. In total the loan I received was for $2,525 and the total amount I paid was $3,301.75. The check they cut me was for 669.04. My question is do I send them the check back and request that the right amount be sent or do I cash it and write on the back of the check under protest?
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.