I am paying a medical bill off with doctor. I made the deal with the doctor's office. They will take $25. a month and use my credit card which will be available to use every month for $25.00. She asked if the debt collector had called me. I said, "no." She said, "no problem if and when they call just tell them to call the doctor's office." They called and I told them to call her. The collector was a bit put off and insisted in finding out how much I was paying them per month. I refused to inform him of that information and told him again to call her. $25. was taken from my account. Today I got another call from the collector but did not answer. What should I say if he calls again?
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.