I have been blessed by my aunt to help pay back these lenders who have just been eating my entire paychecks. Now doing some research I found this place and wanted to know if what I found so far is still accurate.
I live in florida so is
Opportunity loans legal
Mobile Loans Legal
Spotloan Loans Legal
Plain green Legal.
From what I found Spotloan and Plain Green are illegal and just the balance is need to be paid.
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.