I am in financial hardship was out of work for 2 months and was in numerous pay day loan places. one wouldn't work with me I think they are taking me to collections the others are being paid. I need 1 low monthly payment to get them paid but still able to make all my other bills that I have neglected due to these. thank you tom rahn
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.