i recently found out that i am a victom of identity theft. this is my first time looking at my credit report. 3 years ago my wallet was stolen. and it seems i have 4 credit cards and 2 bank accounts i knew nothing about all are 3 years old . Now what??? if i get the credit reporting places to block these will my score go up??i seem to have 6000.00 worth of debt and only 387.00 is MINE(not including my truck) i have never had a credit card or a bank account with either bank reported the only thing that should be on my credit is 1 old hospital bill(5yrs) and my truck
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.