First of all I want to thank all on here for alot of good info. I had posted before with not too many responses, but i really need some advice now my bank won't let me close my account till i have a positive balance, but they said they could freeze it till i can pay the nsf's. and close it out, the manager took all the info on my pdl's. cashnet's deposit was returned also paydayloan-yes was i need to know since cashnet is legal if i need to send them a C&D letter or should i call them to make payment arrangements. They tried to make 2 more ach's yesterday again and they were also returned.
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.