I have a question to ask about pay day loans in GLENCOE - Alabama. Is it legal for them to deposit money in your account without your knowledge of it? I don't remember signing anything for a loan with The VIP Loan Shop. So far they have withdrew $120.00 from my account. I haven't received any e-mails, phone calls or anything. I tried calling them but no one answers the phone. Also, tried sending them e-mails. So could you please advise me on this. Yours truly, Hill2011
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.