hello this is embarrassing but I'm in PDL hell and would like to know how to get out. I currently live in TX I have borrowed from the following: Check n Go: borrowed: 800 bal: 909.29 paid: 200 CashnetUSA: borrowed: 800 bal: 1,002.46 paid: none zocaloans: borrowed 400 12 payments of 154.26 paid 2 so far.
I want and need to get out of the cycle.... please 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.