i wanna thank everyone, ive just found this website and i love how knowledgable everyone is. hopefully my road to being debt free wont be that bad, to many calls ill change my number, my only worry is they'll call my job but the number i gave them is basically a phone tree number of a huge hospital...the companies ive borrowed from are zip19 which ill pay off, discount advances which ill pay off, united cash loans ill default on principal was $650 and ive paid $195 in fees,ameriloan ill default on principal was $650 and ive paid $195 in fees, and the vip loan shop which the principla is $1000 no fees paid. wish me luck!!!
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.