Basically I would like some advice on dealing with Payment Direct Online. I took a loan in July of 2010 when I was residing in Denver; I relocated to GA in Jan 2011. I have received refunds and cancellations from 2 other PDL lenders because I reside in GA, but this one here.... is something else! They have been taking $89 finance charge every pay for nearly 2 yrs for a loan of only $200! I have paid that loan at least 12 times by now. Honestly, out of sight out of mind, I'm so used to the money being deducted that I dont factor it into my household bills. I had a financial set back and put a stop pay on all 3 PDL because I wasnt about to be homeless over that mess.
I have contracted with Blue Ridge Law Group for a consolidation program because I need this resolved. I have 2 other pdls besides payment direct that I want to get paid off, but the payments and interest are killing me.
Any advice will be appreciated Thanks!
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.