Ok so I went ahead and am putting some faith into OVLG. I am nervous obviously because the posts about being taken. They seem legit and everything is in the up and up, BUT....It seems like it will take such a long time. Their fees are lower than other reported sites and I have called to try and talk with the person who is supposed to be handling my account, but I get a voice mail and he has not called me back. I will be patient but in the mean time with the payment I can afford and their terms it seems like I will have to take the next six months before to pay their fees before something is done. Is this true? I am just nervous, but overextended and need a little boost of encouragement.
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.