Before I lose my house, can someone offer advice on my payday loans?
ameriloan - Payoff amount $390. Original loan amount $350.
Paid on loan for rollover fees etc $525. Paid down principal $100.
PaydayOne - Payoff amount $1197.12 Original amount $1000 was the last, i kept renewing and increasing it when i couldn't afford the payment. $$ paid ? thousands. I currently pay around $400 a month to roll this one over.
Check and Go - Payoff amount $1029.50. This is another one I have increased my amount to avoid paying the payment serveral times. My amount financed at this time is $855.
Can anyone offer advice?
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.