If you have a bank account at more than one bank and one of your accounts at one bank goes to Chex, does it affect your accounts at the other bank?
I know I wouldn't be able to open an account at any other bank, but would I my account at the other banks be in jeopardy?
I'm working on making sure that it doesn't happen, but I want to be informed just in case.
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.