Hello Everyone. I also am in a payday loan nightmare. I have 3 pay day loans. Where do I begin to get these resolved. I did close account but not sure what will happen when they try to draft out because my bank left open only a certain amount for some pending charges. I live in texas by the way. I have CashNetUSA, ameriloan, and OneClick cash! I've definitely paid enough in fees to pay these 3 off. Any suggestions to where I should begin first before all the harassing begins? Thank you for your help!!
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.