I know pdls are illegal in ny,how do I know the companies are illegal or not, cashnet usa, first cash advance,payco, cash advance net work and my cashnow.I have defaulted on these loans back in june and haven't got many phone calls or emails. Just wondering if that is yet to come. I signed up w/pdl assistance and they have been good so far, I have paid them 2 payments already.I would like to try to handle the overpaid ones my self. Any info on first cash advance?
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.