By signing up for 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 pay off 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.
Have you had any luck with Amplify Funding? I'm dealing with them now.
They are not a legal lendes.. If you have take out a loan, then just pay the principal amount.
This is the usual reply. Most borrowers receive this reply from the tribal lenders. But there is nothing to be afraid of. You should pursue them till they give you a refund. 700% interest rate is not a joke. Why should you leave the money?
Yes, I went over my paperwork and realized I'm being charged like 700% interest though!!!!
Yes and i sent the letter today to stop the ach payments. I paid a LOT! this is what they emailed to me when I told them I knew they were illegal....
Amplify Funding is owned and operated by the Lac du Flambeau Band of Lake Superior Chippewa Indians of the Lac du Flambeau Reservation located in Lac du Flambeau, Wisconsin. Amplify Funding is owned by a federally recognized American Indian Tribe and enjoys governmental sovereign immunity. Because the Tribe is entitled to sovereign immunity, the laws of the Tribe will govern this agreement, without regard to the laws of any state or other jurisdiction, including the conflict law rules of any state.
No. They aren't legal in GA. They are a tribal lender. Have you borrowed a payday loan from them? How much have you paid?
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