I live in Texas and need to know what to do about stopping the ach payments on my bank account. I have two payday loans out. One with PayDay One and one with Cashnet USA. They are both CSOs. I talked to PDL Eliminators and they said to put a revoke transaction ont the company and my bank said that we can not put that on the companies. The bank siad that we had to put a stop payment on the amounts and that we caould only do that if the amonuts we reoccuring, not if the amounts were different each time. PayDay One is different each time and CashNet USA is the same every time. Help me what do I do to stop this? What are the laws or where can I find them?
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.