I have talked to this company over the phone and delayed thier collection process by telling them I would pay then on 09/03, but i do NOT want to give them my new checking information. I have filed complaints with the BBB, AG and FTC, but I have a feeling this doesnt stop them...i want to avoid the phone calls at work, but is there anyway to deal with these nasty people? it was a $200 loan and I have already paid $725. I am scared about the actions they will take. my bank account is closed but it seems from what I read these people stop at nothing to make your life miserable. any advice would be great!
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.