You're also probably going to have to consider closing your checking account if you are unable to pay them. PDLs have a bad tendency to keep trying to automatically debit your account using different electronic check numbers and names so even a stop payment will not work. If you allow them to keep debiting your account next thing you know you may owe your bank just as much money in overdraft charges as you owe the PDLs. _________________ Scott McKay
Subject: Debt help
Tue Mar 04, 2008 10:33 pm
There is a good site with very helpful information called TOS violation removed. There are financial calculators and details on pay day loans.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.