I just found this site and while the information is so detailed it is also a bit overwhelming and I am so overwhelmed already. I dug myself in deep and don't know where to go or what to do at this point. Here is my situation/details and if anyone can help with ideas on how to get out of this mess I would appreciate more than you would ever know.
I live in Missouri and have 1 loan from a store front with a payoff of 595.00
Now here is the trouble. More personal issues and that lead to internet payday loans. Then more loans to help keep up and now extremely high balances and vicious cycle.
PayDay One 959.07
Pay Day Max 688.00
Classic Group (Excel) 325.00
Archer Direct 390.00
This is embarassing, frustrating, and I don't know why the if I can just figure out how to make payments next pay day, cover bills, etc got so out of control in the last year. I'm lost. Please help.
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.