A representative from j p frye contacted me and left me a message without saying why he was calling. An hour later my wife calls me that the same rep called her. I don't know how he got her cell phone number. Her cell phone number is fairly new and it was not on the HSBC original contract. Can they get your information from third parties? How do they obtain someones information, with out us providing them the information?
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.