I've searched the forums & haven't found what I'm really looking for. My bank account is about to be closed(charged off) for NSF. Is it possible to close it on my own before hand? I ask this because it would seem that it would look better on my credit report as closed by account holder rather than charged off. Or am I really out of the ball park on this one?
By signing up a debt 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 payoff 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.