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Send message to Adel Shalaby
Sub: #1 Debt management Fees
Replied on 10-27-2009, 08:06 AM
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Hi, I have a question about how much a debt management company can charge legally in Florida. I have looked every where and contact different agencies with no help.

They currently charge me $61 per month, and I saw on a couple of articles that if a company is charging more than $40 then something is wrong.

Can someone please let me know if the amounts in the articles are correct? And if I could contact the current debt management company and ask them to lower the fees would they do so?

Thanks.


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Send message to mobile0311
Sub: #2
Replied on 10-27-2009, 09:14 AM
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Shop around. There are tons of non- profit debt management companies in Florida that will charge way less that $61 per month. Just be sure to do research on that company to make sure they have a 501(c) 3 Non profit business license.

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Sub: #3
Replied on 10-27-2009, 11:54 AM
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Try Take Charge America. My fee with them was $42 per month, but they handled everything......took a lot of pressure off me. And their customer services is 10 stars! You can follow your transactions on their website and know exactly where you stand. They always talk to you and answer your e-mails. I was with them 2.5 years.




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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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