Can someone tell me, what’s the best way to dispute a very old missed payment or something that has gone to collections?
My credit score is way too low for someone with my income level. I am good about paying everything in full but things like college term bills / sorority dues hit my collections when I was way younger and my credit score is still trash, with a very low credit limit on each of my 3 cards. I’ve done everything to get it up but it’s still not enough.
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.