Does anyone have an opinion on Compass Bank. I am currently on Chexsystems and working to repair my bad financial history. I would like a reputable bank to make a new start. The banker told me they use telecheck. I called Telecheck and they have no record of bad history with me. I owe Compass Bank 250.00, which I plan to pay prior to opening the account. I just want to double check that they do no use Chexsystems. I've called their customer service number as well and they also verified they only use Telecheck. Opinions?
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.