Ameriloan will not take my prepaid debit for the payment I owe them. I know they are illegal in Wa State and the guy on the phone says he will not take a payment unless it is in full. I only borrowed $550 and I know I have to pay all the principal but I have closed my previous account and am no way giving them the info ever again. So how do I make a payment with them?? He said I was illegal because I signed the document. I just want to pay the principal and send them the revoke. They are on the wa state dfi list for illegal lenders. 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.