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Debt consolidation loans for bad credit profiles are one way to get out of debt, but you may be wondering where to look if you’ve been turned down by your bank or credit union.
We'll even help you with your internet payday loans....""In numerous instances, after confirming their "qualifications," Defendants' telemarketers have offered to substantially reduce consumers' monthly payments from what consumers owe their payday lenders at the time of enrollment. The FDCPA contains a section on "Validation of debts," setting forth circumstances where consumers have the right to, within a specific time period, request the underlying data supporting collection attempts by those debt collectors covered by the statute.
So whether you are approved for a loan at a high interest rate, or you get turned down because of your credit, remember there are plenty of other options for debt consolidation loans for bad credit.
Just keep doing your research and contact other lenders and debt relief companies before signing any paperwork.
On February 18, 2015 the Federal Trade Commission filed suit against PSC Administrative, Coastal Acquisitions, Infinity Client Solutions, Infinity Collect, Jared Irby, and Richard Hughes for violations of the Telemarketing Sales Rule.
The FTC alleges the Defendants solicited consumers with debt relief services, who owed payday loans.
Defendants have collected a fee at enrollment and, thereafter, bi-weekly through the pendency of the program.