Forgive me in advance if I am cross posting or being repetitive.
I received a call from The law office of John Frye collecting on a debt for Atlantic Credit and Finance who bought the debt from Providian.
I do not deny the validity of the debt, I know that it's correct. I want to be sure that I pay the correct party so that I don't have them contacting me in 6 months to collect on the part of the settlement I don't pay (they said they will settle).
Can someone please advise me. I really want to get this taken care of ASAP.
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.