Years ago before my daughter even bought a car, a person with the same First and Last name, apparently purchased a car and defaulted I guess, but the SS numbers didn't match and nor the middle name. So the collections companies, have called here looking for a person with our daughters first and last name. Its been a while but now it is starting up again with Allied Interstate. What do we do?
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.