This is my first time posting so bear with me. I recently reached a compromise with National Debt Relief to reduce my monthly payments due to a hardship. Within the same week I notice an early charge for that agreed upon amount plus an extra 98 cents (for the sake of being specific). When I look, the charge isn't from National Debt Relief but directly from Capital One, the only and last NDR settled account. It is listed as a phone payment. Capital One didn't have that account information. National Debt Relief did. I was able to handle the situation with my bank but they are perplexed on how Capital One could have gotten my account information. Taking a shot in the dark here. Has anyone else had this happen to them? I spoke to a senior representative at NDR who promised to look into the situation exactly a month ago. They had a meeting about my account last week sometime. He seems agitated when I politely called in asking for updates. He wrote his response and I haven't heard from NDR over the phone in 1 month.
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.