So i finally decided to get some sanity back in my life and enrolled with CareOne Credit counceling for debt consolidation. They seem to take very kind of Debt and i checked them out on BBB, they seem like a credible company unless anyone in here knows something that i dont. I would love to hear your input on them.
They will take:
Credit card bills
Dept. Store cards
and ofcourse my favorite, PayDay Loans.
They pulled my credit report and believe it or not, This is what i owe. Hopefully my credit will get clean so i can finally get a grip on life again.
Your input on this company is greatly appreciated.
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.