Now they say I owe them $474 dollars and when I contacted the Division of Financial & Professional Regulation, they say there is probably nothing that can be done to fight this because they are out of the country. I am thinking about offering them some sort of settlement- I am in such a bind.
This has all been addressed previously. We will be more than happy to assist with any new, unrelated enquiry, but any more repetetive messages on this matter will be noted and closed withour response. To clarify for the FINAL time, as a non-US company with no US presence, your State and Federal laws do not apply. You approached us for a loan, and accepted the terms as offered. You are obligated to meet those terms. It is your responsibility to retain a copy of the agreement, as you were CLEARLY advised to do during the loan application process. The enquiry has now been addressed on multiple occasions and is now closed. Regards, Customer Services
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.