Hello! I am 24 years old, I graduated from college last year with a degree in English and I am now starting a nurse practitioner (second baccalaureat) program. I have $13,000 in credit card debt at various interest rates. Until now I have kept afloat with a part-time job, but the program I'm starting this fall is accelerated and will not allow me to keep a job. I should graduate in two years. What are my options? Thank you in advance for your 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.