We live in Ohio, We just received a collection call saying my husband is having fraud charges, breach of contract, and some felony charges brought against him from a payday loan company from 2014. They called or house 3 times today left nasty messages, called his job twice, and called for our daughter on our home line all just today. and when I called back I was told he was going to be arrested on felony charges if I didn't pay 547.00 by the 3 and gave them my cc today. Is this legal?
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.