I am in over my head with PDL's. I had several online PDL's that I know are illegal and worked with them to revoke ACH's and settle the debts (with the irritating exception of the Little Loan Shoppe). Now, however, I still have 4 store front PDL's. I was trying to invoke the EPP (extended payment plan) at two of them: Check N Go and EZ Money. They both said there was no such thing as the EPP. So, my checks for these two PDL's bounced. NOw, they want me to pay the full amount within 30 days or it goes to the lawyers/collections. Has anybody else been able to successfully use EPP in Nebraska? According to CFSA's website, they're both registered (Parent company of EZ Money is Midwest Check Cashing - which is on the list). Both companies told me they're part of the CFSA...Any ideas/help?
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.