Well I've been trying to figure out the difference between a installment loan & a payday loan...from what I'm finding i'm pretty scared....looks like in Illinois this is how the pdl's get around the pdl laws ...let me know what you guys make of this...
...from reading this Americash nor All Credit Lenders do not have titles securing my loans, and the loans were for $1500.00 according to this law states no more than $400.00 should have been borrowed to me...also the Americash did not make me wait 15 days to rollover ...they rolled it over the same day.[/img]
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.