I need help. I have been reading at this site for most of the last evening and now into the wee hours. I am in KY and have 5 store front pdl's and one internet pdl. I spoke with a counselor on the phone last evening, but now am shaking in my boots--so to speak. I was unable to close my account before today, but have withdrawn all the available funds except enough to cover the insufficient funds fee. I am going to the store front pdls tomorrow or sat and I'm really worried they will not agree to work with me. What am I supposed to do? Just walk out of the store or what? HELP :?
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.