i have recently discovered that plain green loans is possibly an illegal lender since they dont operate under state license and regulations i have sent them a dispute and validation letter and the only thing i have accomplished is them fixing an amount that was reported to my transunion wrong an incorrect amount. they report monthly they have not place the debt as disputed and just keep saying they have verified the amounts i owe are correct and have not validated its valid or even legal. how do i get this off of my credit report ive managed to stop the calls and so called legal threats but they have continued to mark late payments on my report and its negativly effecting me
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.