I started receiving calls from a guy named Henry from some place called RH Group. He said he was with an arbitration group trying to serve me papers for a debt with red leaf lending. Said if I paid the money I wouldn't get the papers. I asked him for something showing the debt and he said he didn't have that because he was with an arbitration group and he was just there to make sure we got our court papers. But THat I needed to get this settled. Also, I asked for their address and he said he culdn't give that to me because of the business they do. I asked for fax and he couldn't give me that either. I told him online payday loans were illegal in the state of tn and he said because it was online that it fell under federal law and tehy would take me to court and sure me. Itold him he was breaking law becaues hwe was harradding me at work and calling more than once a day and he said i needed to get one thing stratight that he wasn't a debt collector so those laws didn't alpply to him. I said well you sure were wanting me to pay this so how are you not a debt collector when you wanted my debit card info to take a payment. I need help with this please! My boss is getting really tired of these calls.
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.