I haven't reduced any of my debt a whole lot, but I am already feeling like a winner, Before I joined this site I was so stressed out because I didn't now what to do with all my debt. I have learned from all the different forums that it takes time and one step at a time. I was always trying to run instead of taking it one step at a time. I am already feeling a winner even though I am barely getting started. I don't feel so stressed out any more. If I can't pay a bill I do the best I can to get a little bit paid, and there always next moth to get even and caught up. I am still catching up and pretty soon i'll be all caught up with my debt.
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.