I got into the whole payday loan mess. My bank decided last week to close our account due to too many overdrafts. They closed it on Tuesday, but still took the check that was direct deposited on Friday.Can the do that? They didn't even bother to tell us, they just closed it. I am glad it is closed, because the loan companies can no longer get to our money, but now I have no way to cash or deposit checks. I don't know if I can even open a new account anywhere. Anyone have any good advice or suggestions?
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.
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The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.