I am way in over my head with these PDL's and I think someone above is telling me now is the time to handle this. I had to close my checking account last week due to the US National Bank Scam. I have asked, re-asked and am told that NO transactions will be allowed thru the account, no matter how it is presented.
I will have to call all of these lenders to get exact dates that I have started paying but some of them go back pretty long. I live in the state that is wishy washy, PA.
MTE (quickest-cash-advance.com) owe $130
Apple-owe approx. $140
Loan Shop North NBA $680
United Cash Loans-$455
One Step Cash-$200
ZipCash-?? According to website, no longer making loans
Little Loan Shop-??
My Loans USA-$650
I was paying $1600 just in finance charges every 2 weeks. CashNetUSA is set to try to take funds on 8-11 and one of the PayDayOnes on 8-13, all others on 8-15.
I know I owe the principle on all of these and my thought was to call all and try to set up payment arrangements??!! I can not, upon advice of a lawyer and my bank, give out my account number again. I am willing to pay the principal and am not trying to get out of paying it, just have to stop paying so much every 2 weeks.
Advice would be greatly appreciated at this point. Am I going to go to jail for this? PLEASE help. I bet you've never seen someone with so many loans. I honestly don't even know why I took them. I think it was a game to see how many I could get.
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.