As these companies are illegal in your state, so they are only entitled to receive the principal amount from you. You are not obligated to pay the interest rates or fees on the loans.
I completely agree with Nandy. Illegal payday lenders don’t have any right to take any legal action against you. As they are illegal, so you are required to pay only the principal amount. You need not to pay any interest and fees. If you want to know more about how to deal with illegal payday lenders, the following link may help you in this regard: http://www.debtconsolidationcare.com...-dealings.html
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.