Hey guys just got a quick question or comment. I recently checked out a pretty decent site by a guy named tim who seems to have a similar story like us all as to how he got inserted int the chex system.... here is link to his blog .."http://howtoberemovedfromchexsystem.blogspot.com"... but he really gives some good info about getting out of chex system.. you should check it out
but i want to know if anyone has had any success with any other chex systems processes:o
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.