Watch Michael Bovee elucidate debt and credit concepts
Michael Bovee has been working with and educating consumers about debt relief for the last 18 years. He has immense experience as a debt and credit counselor in the financial field. These video series are designed to assist you with understanding debt settlement, consumer credit counseling services, debt management plans and bankruptcy. Watch him explaining various financial concepts in the videos.
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.