I live in Alabama, after receiving 4 payday loans from various companies ameriloan, US Fast Cash, Payday-Loan-Yes, and Star Advance. I noticed a debit from some other company for $75.00. My bank has been investigating the matter. I have already informed the payday loan companies in writing not to debit any money from my account because of this issue. Please advise me if there is any legal recourse action I can take I feel they are responsible for my information being misused by other parties they are in partnerships or affliation with.
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.