Could someone help me? I have a payday loan with Pay Co
300 dollar loan finance charge of 143. I have paid this refinance charge at least 3 times now and my checking account is closed. I have seen bad reviews from this company as far a legal issues and how they harass consumers and I do not think they will work with me for payment arrangements and after looking at laws from other states, it could be the case that they owe me a refund since they are not abiding by Indiana law, this PaY Co has stated that they would contact my supervisor if necessary. Could someone review Indiana law and advise me on what letters to send and how to go about handling this matter
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.