I saw a commercial for Ally Bank on TV and looked at their website. They offer higher than average rates for savings accounts, free debit cards, free checks, no ATM fees and seem like a good bank. I opened an account, and other than one minor glitch with the security questions (they couldn't identify me so I had to call in), they opened my account and sent my welcome back.
Does anyone (MCA?) know anything about them? I'm on EWS, so I'm not sure if I should worry about my account being closed later on...thoughts? comments? experiences?
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.