I been through all the steps trying to settle my internet PDL's on my own. 2 companies are making my life hell. Ameriloan is still owed $210 out of a $300 loan. I have asked for a western union or money gram and they will not accept payment this way or $210. I get an automated call from them everyday! Also VIP Loan Shop which I believe is out of the West Indies has sent me to PDM Associates. Ms Finch stated they sent me an email stating the take over of my account and validation but I advised I received nothing. I over paid them $25 and they aren't even showing my first loan paid in full they state I still owed $150 on that when I know they are full of crap! Has anyone ever been prosecuted or went into arbitration with these companies? What do I do about paying the 1 loan that I do actually owe $210?
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.