Just wanna know if a loan become illegal if I move to a state where it is illegal?
How will i know if a pdl is legal? The other day one of my friends told that a loan legal in other states can be illegal in my state. if I take out a loan from one state where it is legal and move to another state where it is illegal, do I need to pay the onterest or vice versa.
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.