Can someone explain the difference in these...like if i got a loan from a bank, or say car.com or something like that, is that different than doing dealer financing? I guess, am i paying back the bank or the car dealer...the reason i ask is becuase i was i was looking at these internet referrals that send you to car dealers...given my credit situation, this is a good option for me. So I guess i'm just wondering about the differences between these two. Also if i get a bank loan and buy a car with that, does that mean i tell the insurance company i own the car or am financing? Any advice is helpful...
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.