Does anyone have any information on the following companies? I have a loan with each of them and I'm trying to dig myself out. I know I've paid quite a bit on each one, but trying to find out if they're even legal in the first place, I live in CA.
Thank you in advance your any help/advice!
White Sands (Original loan $450, have paid $405 ) Cash First LLC (Original loan $300, have paid $270) United Cash Loans (Original loan $300, have paid $180)
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.