What happens if i don t pay my personal loan

Billing: You authorize the Company to charge your authorized payment method (the "Payment Method") the monthly or yearly subscription fee plus a one-time set-up charge.

Recurring payments will automatically be drafted from the account for the remainder of the Term. Infofree. com reserves the right to terminate your subscription if for any reason a Payment Method is cancelled, terminated, declined or if Infofree. com believes a payment may be challenged or dishonored.

However, you are still responsible for the balance of payments for the remainder of the Term.

What happens if i don t pay my personal loan

I recently checked my credit score and saw I had a derogatory account from Progressive Financial Services for 150 or so. I looked them up and saw they were a debt collector for other companies so I didnt really know who initiated the charge. I read a lot of bad reviews about this business not upholding their end of the deal or taking forever to complete transactions.

So I was fearful of calling them and getting this resolved. I ended up calling them and they told me how Cox billed me for not paying a bill from 8 years ago. They said I could pay the fee in 2 installments or pay a one time fee of 99. I was very sceptical but also relieved. I ended up saying "I'll call back" and calling Cox to confirm and sure enough, that was the case. Cox had given the debt to PFS to handle so I had to pay them.

What happens if i don t pay my personal loan

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What happens if i don t pay my personal loan