I have taken out a loan with CashNetUSA, and they debited my account for the 401.75 I owed. They say is was returned for NSF, but my bank says it was paid. I sent them my bank statement, but they have tried to debit my account for the money again, only using two amounts to get their money again. Is this legal if I did not authorize those two debits?
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.