I think it is a good idea to monitor your credit report to make sure that no one else is trying to be you. You probably are all well aware of the fact that you can get a free copy of your report once a year.
It seems that I have been hearing these horror stories on the news more and more. I just heard a story about a young lady that was so addicted to plastic surgery that she stole her mothers identity and had fifty thousand dollars worth of plastic surgery done.
I guess this could happen with any addiction, it is not only strangers out there taking your identity, it could be someone in your own household who is in a desperate situation. Addiction is a strong problem that is hard for some folks to overcome. People are addicted to many, many other things, it is not only drugs these days.
Keeping an eye on your credit report, your bills and any other place that any alert would show up is a good idea if you have someone with an addictive personality in your household or family.
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.