I was in the rehabitation program and was one payment late. They kicked me out of program for this but allowed me too get back in the program for an extended 6 months evaluation. Well, they took my tax refund, which paid off what i owed. I not upset about the money. But is really trying hard to clean up credit and is concern on how bad thats going to affect my credit score?
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.