Can anyone help me with sample letters you mighthavethat I can use to:
(1)Revoke wage assignments
(2) Stop debit on my account (If I notify them in writing to stop debiting my account don't they have to by law?)
(3) Not to call my job and home limit communication to mail
(4) Verify account information
Is that all I should send? I have also noticed that alot of people have complained to the AG. Should I just go ahead and file complaints with the AG in anticipation of the hard time the payday companies are going to give me(I haven't defaulted yet but I will in a couple of weeks when it is time to pay).
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.