I am in a bind and might need a short term loan. I know many pay day loans are very predatory. Are there any REPUTABLE companies out there that anyone knows of. I don't have much to offer in collateral and my credit is modest, about 640, so i'm not sure about a bank. Plus i'm not sure a bank would give out as small a loan as I need, and I don't want to take out more than I really want. Please please please offer some recommendations.
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.