I see all of these posts concerning a company Pay Day Trans or Achloan.com that sent payday loans unauthorized. I had to hunt them down through my bank and got to the website. Are they still trying to collect after you agree to payoff the whole amount? I let it go one payday and then paid it off, are they going to still come after me for more? Or did you other people not ever try to pay the whole amount off?
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.