Does anyone know if cash cure licensed in iowa? I am also wondering about VIP Pay Day Loans. I have looked at the laws concerning PDL's for Iowa and it says that the max amount is $500 and the fees are $15 for the first $100 and $10 for every $100 after that. Well my problem with Cash Cure is that they loaned me $600 and are charging me $26.50 in fees for this loan they have debited my account 4 times in the amount of $159 for a total of $636 however they say I still owe the whole $600 and the $636 is fees. From what I see this is wrong according to the laws in Iowa. Any advice would be GREATLY appreciated.
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.