I was contacted today from a collection agency, stating that i have a unpaid payday loan dated Jun 2005, i live in Virginia, what is the statue of limitation for payday loans in my state.
i'm guessing this was by phone,and there were alot of "bogus terms"thrown around.do this.when not if they call again demand something in writing and state you will not just pay a voice over the phone.if they get nasty report them to your local police.with the glut of scams that threaten to collect on old loans you never again just pay a voice,and a threatening one at that.
giving hope to the hopeless,help to the helpless,and hap to the hapless.
By signing up for 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 pay off 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.
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i'm guessing this was by phone,and there were alot of "bogus terms"thrown around.do this.when not if they call again demand something in writing and state you will not just pay a voice over the phone.if they get nasty report them to your local police.with the glut of scams that threaten to collect on old loans you never again just pay a voice,and a threatening one at that.
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