pay day loans at collections won't work with pdl debt consolidation
Date: Wed, 07/24/2013 10:10
I had multiple PDL out and went to PDL Debt Consolidation for help. They have now contacted me that I have 3 still out there who have been turned over to collection agencies who are likewise not responding --what do I do legally to get this resolved.
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.