I have multiple payday loans that have defaulted for a total of more than $5000. I am at my wits end trying to find a place that can consolidate these to one monthly payment without it being hundreds of dollars. I've seen alot about this T & C place on here but can't find anything about it on the internet. What is the full company's name and contact info and do you think they can help me? I can't risk wage garnishment and everything else and still support my wife and son. Please help! Thanks!!!
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.