I have 4 outstanding PDL loans as follows: Think Cash-$750 My Cash Now-$900 Payday One-$1000 Cashnet USA-$700 The fees are costing me around $1420 a month with no end in site. I have read on this site about revoking the ACH Authorization and would like to know if anybody out there has the ACH processor info. for these companies.
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.