The mortgage for my new home was going to be finally approved tomorrow but the lender called a couple of hours back and informed me that my rates have gone up and my application is under review. He told me that it is because my credit score didn't look very good upon final review. I checked my score and saw that its has gone down by 280 points. I compared copies and there are absolutely no changes on my report. I'm not really sure what I need to do now. Is it possible? Score tanking overnight?
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.