People have been calling my cell phone to ask me personal information: address, credit card number, social security number, telephone, etc., they say I have a debt but do not tell me to whom I owe, or not an account number, company that is charging or amount of the debt, I have no debt but they insist on requiring the information to me, this is very annoying that this sounds like fraud and identity theft, callers not identified only say there is a debt and they need my information to verify my information and to help pay and do not sue me. I can do? as I can verify who they are to stop the calls?
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.