I got my free credit report from only Experian and I disputed certain entries that were way over 7 years. My first question is that the 5 that were reported and were over 7 years had no status statement and did not give a date as how long they would stay on the report. In each case the lender had sold the debt to someone else.
My second question is - does a dispute on one report fix the other two (equifax and transunion) statements as well?
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.