I currently have 4 pdl, one internet and 3 store front totalling 2700.00 I am so tired of my family going without and barely paying my bills. I must end this now, but I can not afford to pay anyone to help me with my mess that I have made financially. From the postings that I have read, I need to close out my acct. and write letters explaining my situation and how much I will be able to afford monthly or bi-weekly. Someone please 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.