My mom is mentally incapasitated. Mr. Marcus threatened her; that if she didn't pay that she will have no money ever. My mom is homeless, and living on disabilty. I am in charge of her money. She was so scared that she set up, and gave a initial amount of money. I am so outraged. She told them that she had nothing. I have to stop what they set up. It is my responsibility to handle her money. This is crazy. Yes, I know they want their money. But, there are also circuimtances.
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.