I have on payday loan that I have not paid I am planning on paying. But they have called me and asked for the money now. They have called my work and started asking questions. they called me yesterday and told me had to pay the full amount or they would start taking money out of my pay check. I told thme I would have the money in two to three weeks but they said no Friday by 3 pm. I don't know if I signed any paper work that would let them take money out of my paycheck. But I have been told in Texas they cannot. they will not take payments. They ask me If i could get the money from a friend and then take th loan out again and pay them back. will once I pay them off I don't want to deal with them again or any payday loans.
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.