I received a letter today from the above. Thinking this was my local Bank I called the company. They stated that I could opt out on who they furnished my credit info to if I called and told them. I got a recording asking for my account number (if you dont have your account number give us your Social and then the recording asked for my zip code.
Later I questioned my actions and called the President of my Bank. He stated he has never heard of them. I checked the web and it is loaded with complaints about this company.
May I please hear from you.
By signing up for 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 pay off 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.