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.
Check your credit reports and dispute any incorrect information. However, you're liable to pay any outstanding balance before your identity was stolen.
Sub: #1 posted on Fri, 12/02/2016 - 02:36Good Nelly
(Posts: 2825 | Credits: )
However, you should request one of the 3 major credit reporting agencies to place a fraud alert on your credit report.
The contact numbers are as follows:
Equifax, (800) 525-6285
Experian, (888) 397-3742
TransUnion, (800) 680-7289
Sub: #2 posted on Tue, 12/06/2016 - 04:58Sanders Patricia
(Posts: 1239 | Credits: )