:(I recently took a loan with USfastcash.com for 500.00 the first payment is due 05/23/11 for 150.00 the website shows this and there is an option to pay in full. I'm worried because right after I applied I started receiving scam collection calls, I'm not in default on anything. So I started researching all of this. I'm wondering if USfastcash licensed anywhere if they are legal in Wisconsin and weather or not I should worry about unauthorized ACH debit or electronic checks should I contact the bank now before any money comes out or should I wait I was going to try and pay the whole thing if possible 650.00 , but now I'm concerned about dealing with this company and what they might steal from me.
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.