Hello again. Here is the situation. As you all know, I am trying to get rid of these darn things. I hope I didn't make a mistake with this one. They called and I answered the phone, stupid I know. I don't know what I was thinking but I set up a payment arrangement with them. After I get off the phone I look at all of my paperwork I have with all of this and realize my mistake. I thought these were one of the legal ones, no they are illegal. I will do a run down of my payment history with them.
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.