I'm sorry that I have been so scarce lately. I am having a lot of trouble posting at this forum, it takes a long time for me to open a private message, and even longer to read the posts. I'm not having any problems with any of the other websites I frequent, so I am quite sure it has to do with this one.
Anyway, just wanted all of you to know.
Hopefully there will be some type of resolution soon so I can post!
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.