I live in Seattle, Washington. Recently, I received a call from a company trying to collect on a bill that my boyfriend has leftover from his young and doesn't have to pay anything days a few years ago. Since he just paid off a card, I'm sure it made this company take notice. Since my phone number is on the report (as he was using it for a brief time) they called me. I instructed them that this was not his number and gave them the correct number. They are making our lives hell. We want to work this out with them and would like for them to call. Is this something we should find the collection company's contact information on or wait until they finally decide to call again? Btw, a friend was telling me that debt consolidation can help us outta this situation. Is it true?
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.