I have been here a few years and one thing I have noticed is that there are many people who do not understand that these are a public forum. Many of them think that the forums are for ABC company that sent them a letter or 123 company that took too much money out of their account.
I know that we want to keep the forum open to everyone registered or not. But I know there is a way that when someone is not registered and makes a posting that you can inform them that this is not a company site and that they are not to post personal information on the site. As a webmaster I know this can be done so that if they are "guest" they have to agree to the terms the come up after they hit submit.
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.