I joined up with this forum immediately after reading some of the posts and seeing the dedication and knowledge of the Forum Mods.
I'm just finally fed up with drowning in these debts. I have some loans with PDL / "Finance" companies in Texas. In total, they can all be knocked out with about 4,500 dollars, which I don't have. I don't think i can get a debt consolidation loan and I dont know what to do.
I currently have loans with World Finance, Toledo Finance, City Finance and Austin Finance.
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.