Hi, I live in centraila WA. I got scammed with a credit card in my name with Wells Fargo and I owe $5,000 on it. They somehow got into my Key bank account; so now, I owe them $600. I also live on SSI and I only get $565 because I have to pay SSI back from Job Corp like $30 a month. I do have a job but I maybe get 100 every month. So I need some help to figure out how to pay both banks. SSI just takes $30 out before they give it to me.
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.