I've had a few accounts go into chex systems (I think..they were overdrawn and referred to a collection agency. I've paid one of) and I have been turned down by banks before upon trying to open an account.
I decided to try and apply for a checking/savings account through Wells Fargo and I was approved! I was surprised but pleased. Now I'm nervous that they'll close it due to finding out about my other accounts. Don't they check all of that before approving you? Or should I still worry?
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.