i had 4 student loans out back in 2006 and 2007 i checked my credit report a month ago and the loans where on there i just checked my credit again and its showing 4 other student loans that where open 2/21/2012 loan was for a month but now they are closed i havent been in school since 2010 what does it mean when it says the loan was open in 2012 does it mean i took a loan out for that 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.