Lorri has also completed 1000 posts here in DebtCC forums. Her contribution towards the community is really admirable. She always tries to make others feel better by offering mental support. ThatÃ¢â‚¬â„¢s what I feel about her.
Now itÃ¢â‚¬â„¢s your turn to support Lorri. She needs 10Ã¢â‚¬ËœYESÃ¢â‚¬â„¢ votes to be there in the Hall of Fame. All the best to you Lorri :D
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.