I have not given permissio9n to anyone from this organization to debit $50.00 out of my account. Please return my funds IMMEDIATEDLY or my attorney will be contacting you shortly for wire fraud, and theft. A stop payment will be put on this transaction, you will not take monies out of my account without my permission, and I do not desire your services at all.
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.