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Sub: #1 Non profit organization
Replied on 06-09-2005, 05:34 AM
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Hi, Just wanted to see if you are a non profit organization

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Sub: #2
Replied on 06-09-2005, 10:19 AM
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Hi Rocky

Welcome to the forums. This site is not a non profit organization.

This site does not charge anything for the services offered to the consumers. However, it receives a majority of funds from the creditors who pay a certain percentage of payments as membership fee when they recover the debt from the debtors. Since, these creditors want their debt to be recovered, they have a financial interest towards working with the debt consolidation companies. They are willing to contribute and fund these agencies.

Debt consolidation care provides debt consolidation and credit counseling to educate the consumers on various financial issues so that the consumers get relieved from the overextended debt. The trained counselors are proficient in providing personal assistance through free budget counseling and debt management plans. It helps in reducing the credit card interest rates and the monthly payments.

Please have a look at fees page to have a better idea.

http://www.debtconsolidationcare.com/fees.html

Hope that this will answer your query up to your satisfaction.

Regards
Roxette




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* Disclosures:
  • 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.
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