:confused:I called my bank to ask if there was away i could freeze my account until i was able to get caught up with the overdraft fees from my payday loan . the loan amount was 300 i paid 262 and than ask if they could take the rest on a specific date they agreed but than that next week 2 more payments of 90 was tryed my bank charges 35 each over draft and the pd loan charges 30 so now not only do i owe my bank but also more on pd loan and each time i think i'm caught up with bank loan place makes another try and i end up back at the begining again is there anything i can do at my bank to prevent any more od fees until i can get caught up???
By signing up a debt 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 payoff 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.