I just got 2 letters in the mail from a collection agency in regards to a National Collegiate Trust account. The weird thing is that when I look up my student loans through AES (or any of my other lenders), none of my loans are past due, none of my loans are currently due, the amount of the debt stated in the letters does not match the amount of any of my student loans, and the address the letters went to is my gma's address which I have never had listed as my address. The other really weird thing is that my mother got a letter stating the exact same thing, but she has never once co-signed for any student loan for me and they called her on her cell number, but she has only had that number for a few months and it has never been listed on any of my student loan accounts as a contact number. I can not find a number to contact NCT and when I called AES, they verified my loans are all ok. I don't even remember ever having signed any loans for NCT. The only loans I have ever had that involved a cosigner was my freshmen year in college and it was my uncle who signed for the loans...in fact I don't recall signing for the loan, so he might have taken the loan out for me instead of co-signing but idk. I need help figuring this out! I don't trust what is going on and am worried my mother and I are being scammed.
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.