I have created a blog with some of the letters I have used to send to Payday Lenders. These letters already have the Texas Statutes inserted in them so If anyone wants to use them here is the link:
(http://chizhy.blogspot.com/)
chizhy welcome to the boards, if you would visit my blog as we have something in common with our blogs, if states band together we can get this industry shut down or at least regulated.
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.