I received a letter from Caine & Weiner for a valid debt. They state "to expedite reinstating access to your eBay account, please go to www.ebay.com, click on the "pay" section of the homepage and follow the login and payment instructions". I have never dealt with eBay for the company that I owe the debt to and when I check my eBay account I am NOT suspended. Amazing tactic - wonder what they think they will accomplish with this tactic. Also wondering if they are talking about PayPal rather than eBay.
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.