Need help, when i took the loan out for $500.00 I was told their is one fiance charge of $175.00 then my account would be charged $175.00 till balance paid off... ive made 4 payments of 175.00 a total of 700.00 when i called to see about the 25.00 extra i paid and getting it refunded they said i still had 500.00 to pay!! I asked why Ive paid them 700.00 that covered total cost of my loan 675.00 i should not owe them anymore, they informed me no they charge 175.00 fiance charge every two wks that i was not maken payments on my account just refinancing my loan. That was not how it was explained to me when i agreed to the loan, what can i do!!!
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.