Can some one tell me the difference between an ACH and a EFT - I am trying to also deal with Ace Cash Express a store front loan in AZ on a registration loan - trying to make sure if I default and force to allow me into collections if the EFT or ACH will run through some how on my restricted account.. The bank still has it on restricted statues for now.. they say it is like a wall that nothing can penetrate... I am just trying to make sure that if they attach a check number to this there is no way that it can sneak through..
Any help will be appreciated! I have next week to decide to pay the interest amount of $220 to roll it for another month or let it default and go into collection, where my payments will really start to pay off the amount owed.. ... just want to make sure there is no way this can be forced through my restricted account...
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.