Ok so I had a 400.00 loan with pay day yes, illegal state of nj. I have spent the last few months arguing with them about their illegal status and have kept receiving their special executive offer for settlements. Today I receive a phone call from a mrs wainwright from total recovery solutions who had now received my file from pay day yes. I told her I owe nothing and to send me something in writing she said something was sent June 18 and I should be receiving shortly. What go I need to do???? Who are these people?? She got loud with me but didn't threaten me, but I got loud with her. I see pay day yes has now closed their site and now does not provide loans to nj residents. What do I need to do with these people? Anyone else dealing or heard of total recovery services?
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.