Bella Financial or Superior Debt Services - Whom to work with?
Date: Sat, 07/21/2007 17:43
I was in touch with two debit companies today one was Bella Financial out of Dallas TX, the other was Superior Debt Services in OK. Superior Debt Services offered credit repair help after you pay off your debt. Both companies charged 15% of the total debt as their fee and they said they could reduce my debt to only 40% of what I owe.
Have you all heard of either of these companies, Bella Financial and Superior and if so what do you think, they both invited me to look at their links on the BBB.
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.