Hello, Trying to get information on how to solve my payday loan problems. I have one loan from a Easy Money service ($375) and a secured loan at a local loan service ($2028) plus a few late fees. I cannot manage my normal bills due to this. I would really like some help. It'll be easier for me if I can repay my loans by making one payment - not more than $120 per month.
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.