I learned about this website on April 17th. I have been working on resolving several internet payday loans. I have received several paid in full letters and just received my second refund in the amount of $663 today! Woohoo!
I just want to share this story because if you use persistence and patience, you can get these taken care of and once in awhile, you may even get some of your money back :) Good luck all!
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.