I am being harrased by a collection company for school loans. I offered to pay $50 a month and they wont accept. The girl said I can pay $95 a month or I will be garnished. I am on state assistance and barley making it. There is no way I can afford this. Adding the $50 a month is pushing it. If I am willing to make a regular monthly payment do they have to accept it? Are they able to garnish knowing that I am willing to pay all though not the price they laid out for me. I live in louisiana
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Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
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The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.