I have considerable debt including a lot of payday loans. Most of it has been accumulated paying off the payday loans. I had a bankruptcy, so that's not an options. I really would like to pay things off. I think debt consolidation is the best way to go. I can't get a loan because my credit is shot because of the bankruptcy, so far I'm not behind on anything. I've investigated all but one seems to be licensed in Utah. Can someone please just recommend a reputable company that is licensed in Utah that handles payday loan debt?
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.