Yesterday I recieved and email stating I was moving a large sum of money from my ING account to my BoA checking account which I did not authorize. Regardless of how they obtained access to my account, hacking, trojan, virus. What would be the reason for moving the money between my accounts? I obviously since then cancled the transfer and changed all my bank information. But I am still left with wondering what was trying to be accomplished?
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.