I am frantic! I have been looking for work for sometime because when they perform backround checks they also do credit checks. It doesn't matter what position you apply for, money handling or not - there it is my terrible credit report. Obviously, the debt collectors have been ringing my phone off the wall. Now how is this Fair Credit Act FAIR. I can't pay my bills because no one will hire me. What is a person to do?
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.