I was wondering if I could get some advise. I had a payday loan 2 years ago with Paycheck Today. I paid this loan in full. Now they have a collection agency calling me and harassing me for another $500.00 dollars that I do not owe. I have made numerous attempts to contact Paycheck Today, but I have not been successful. Can you please give me some advise on how to handle this.
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.