I was scammed almost 2 wks ago and I have to give $750.00 for they said security deposit for a personal loan that I applied for. They want another 300.00 cuz my credit was very bad, so I told them never mind I just want my money back, and I was told w/in the 10 days or earlier my money will be back, but nothing happen. I did complaint in the consumer complaint website and the BBB. I was very upset and stressed because that is the money for my car payment. Thought people will give me a second chance to pay all my credit/payday loans.
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.