I had several payday loans over 2 years ago; each of whom I paid either the principle amount or more than the principle to pay them off. After finding this site, I was able to gain insight on the illegal payday loan lending practices in my state of NJ, and discontinued the direct withdrawals from my bank account every 2 weeks. I also sent the cease and desist letters, contacted my State AG office and FTC.
I have been receiving the 800 calls periodically; last year, I received the threatening vm's that I was going to be sued for check fraud and someone was going to be here at my home waiting to serve me with papers....needless to say it never happened.
Just yesterday, I started receiving calls from Nationwide Arbitration Services. This lady was relentess in her effort to contact me. She probably called about 3 times; home, work and sell. Then today, she contacts my sister, who lives in FL, cell phone, to leave a message stating that her office has received a case file for me with my ss# attached, and it is imperative that the message be passed to me for me to give them a call back at an 844#.
How do they leave any information regarding a person with someone whom they THINK is related to you? That's illegal, isn't it?
What should I do? Should I just continue to do as I have been, which is ignoring every call from these people and others?
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.