I have some payday loans that I can't pay right now I have tried to set up where I pay a little at a time but they refuse to give me an address where I can send the money. they want me to pay over the phone but I don't have a bank account I do everything by money orders, now I am getting phone calls saying they are going to serve me papers to appear in court. can they do that
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.