I live in Texas and have 5 pdls with one in default. These companies have made thousands off me and will continue to do so if I dont put a stop to it. I cant afford to pay more than than the fees and interest so I dont see an end in site unless I do something.
My pdls: Quik cash Ace cash express EZ loans The cash store First cash pawn
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.