On 5/26/08 I stumbled across this site, I was totally depressed because I had 6 online PDL's and the payments were taking my entire paycheck. I am a single parent of 3 young children. I posted my situation and within minutes I had 17 people wanting to help me, it was a great feeling, I wasn't alone anymore. With the help and directions they gave me I have managed to get PIF's on 4 of the 6 PDL PLUS I received a money order refund for almost $500 in the mail today.
This hasn't been hard or complicated in any way, all it takes is to own up to our mistakes and start making better decisions where our money is concerned. I fully expect to have the final 2 PDL's eradicated before the end of the month.
I urge anyone who comes to this site to really take the time to read through the posts and the stickeys, there is so much wonderful information from people that were in your position and know how to play the game. I feel so much lighter since I have removed these monkeys off my back. Thank you to everyone and I hope some day that I am able to help someone as well.
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.