This company, is based out of Costa Rica, and is threatening to send me to collections for non-payment. They advanced me $700 I have paid $1211 with zero going towards the balance and they are now claiming I owe an additional $1074
The email I received said I am bound by Costa Rican laws even though I reside in Oklahoma. Today’s email said since I have not responded to any of their arrangements for payment I can expect to receive a call from the outside collection agency. I called the Oklahoma consumer credit and she stated they are not licensed in our state. What if anything can I do?
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.