I was residing in Wisconsin when I took the loans out with MTE financial and USFastcash. While my loans were still active I moved to Illinois and I updated my new info with both PDL's. My question is if I want to file complaints with the Attorney Generals office, do I have to file in Wisconsin where I was living when the loan originated or do I file with Illinois where I'm currently residing. Wisconsin does not have a cap on the interest rates for PDL's but Illinois does. I need the attorney generals help getting these off my back, just not sure which one to use.
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.