I have got into a big trouble recently. It happened so that I gave out my date of birth, full name and address to scammers in the internet.
So, now they know my date of birth, full name, address and obviously phone number. How serious can it be? How can they really use it? My husband says that as long as I haven't disclosed my SSN I should be fine. But I'm really scared.
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.