Hey I am a college student, and i don't really know how to handle bill collector. I have had my cell number for about 5 to 6 years now. I have been getting harassed from bill collectors since i changed my phone company to Verizon. The crazy thing is, I don't know the person they keep asking for. I receive about 4-5 calls a day with bill collectors including the First National Collection Bureau, asking for a guy name Matthew Randal. I am constantly telling them I am not Matthew and i tell them i don't know Matthew but they continue to call.
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.