I signed up for a couple tribal loans when times were rough. They are still collecting from my through ACH, even though I have paid more than the principal. Is there any law that I can use to help me in stopping these ACH transactions, and getting a refund of the amount that I have paid over the principal?
The list of companies are:
Big Picture Loans
Freedom Cash Lend
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.