I want to consolidate my two credit cards into one low monthly payment. I put a lot of my college summer classes and books on my Chase credit card. I used my other credit card for my pets surgery, medical bills, and follow up visits. I have a few other credit cards with small amounts on them and will have them paid off in a few months. I'm mostly worried about my two large credit cards. I hope you can help me!
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.