DebtCC is launching a new forum "Community Success Stories" where members may share their experience on how they were helped by debt consolidation Care Community and put in their success stories about:
Getting payday loans marked as "paid in full"
Dealing with bad collection agencies
Removal of incorrect trade lines from Credit Report
Purpose of this forum:
Members have posted lots of success stories, which may act as life-savior for those who are in real debt and payday loan trouble. However, these stories are scattered here and there so a newbie may not find it at the first place. Community Success Stories forum would help us get all such posts together. People now may learn how to deal with payday loan companies, creditors or collection agencies avoiding the mistakes that we did. I am sure that it will help them achieve success sooner.
So narrate your story about how did you go up the ladder of success and be the coach for others. Also feel free to PM me if you have any suggestions for this forum.
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.