Does anyone knkow if AAA PayDay Advance UT, llc is a legal company? I live in Louisiana and the pay day lenders, internet or otherwise, or not regulated by OFI; however, I have paid well over the $400 I originally borrowed. Because they would not "work" with me on a settlement, I have revoked the ACH and closed that account. Also, 3B Pay Day loans and LoanShop Online (which I get emails from them and LTS marketing)...If anyone has some info, I would appreciate it...
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.