I did not know all the scams out there with internet pay day loans. I took one out with Green Picket.com. I cannot pay it back and learned they have a Wage Assesment attached to this agreement. Their address is in Malta, after I called them. What can I do? Are they legal in the state of Arizona where I reside? If they try to garnish my wages, I will get fired. I work for a very strict conservative company. Are they 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.