I recently spoke to them about making a payment on my PDL and they want me to pay $ 510 for a $ 300 loan. I told them that the CA laws only can allow loans for $ 255 max and the guy on the phone laughed and said that because they are internet they do not go buy CA laws and even though they are based out of Oklahoma. have you guys heard of internet PDL companies claiming to be above the laws of the states you are in? :?: :shock:
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.