I took out a loan with plain green for $1200.00 i made some payments on the loan but fell in some financial trouble and went through pay day support to continue to pay them at a reduced rate so i thought, just now finding out that pay day support has not paid them any of the money that i sent them and now plain green has sold the loan to national credit adjusters who keeps calling me about 5 times a day saying that i owe them $2200.00 and all i borrowed was $1200.00 so what should i do about this since they are illegal in the state of va.
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.