does anyone know anything about this company? I was in need of cash quick and went to a site that put me through to alot of payday loans. I got 400.00 from gov emp credit loan and last week they took 106.00 I guess thats interest but nobody has called me or e-mailed me about payment arrangements and expectations. I am afraid I am going to be wiped out for the little cash I have. help,,,,, Joan
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.