I've been getting phone calls from Pinnacle Financial group about a charge card account I paid off three years ago with my debt consolidation company. They keep telling me I owe more on the account even though I have a letter from my debt consolidation company saying that my account had been paid in full. Stupid me, I mailed Pinnacle a copy of the letter but didn't send it by CMRRR. They called again today, but I wasn't here to answer the call. Do I need to send it to them again CMRRR and ask them for validation ? I know that they can't sue me because the debt is out of SOL, and the last payment on the account was made in 2004. I have all my statements from my consolidation company reflecting payments. Anyone have any suggestions with this one?
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.