so today i received a letter in the mail from asset acceptance that states Dear ____ We have recently learned that you may have inquired with a mortgage company about purchasing a new home or refinancing the one you own. This may be the opportunity you have been waiting for to resolve your past due obligations. Now is a great time to take advantage of the Mortgage referral team here at asset acceptance llc.
The orginal creditor is AIMCO which i never even heard of to begin with. The only AIMCO i know is the transmission shop where we got our transmission fixed and my grandfather paid the balance in full using his credit card. There's no way I could be getting charged still from them.
Is this even right for them to do? I called them today without giving them my info and they told me that when I apply for something i authorize everyone to go into my report to see what i'm doing. i don't understand this. is this even legal for them to go into my credit report to check inquiries i have made? My husband and i are in the process of rebuilding our credit so we can buy our rent to own home. I was pretty upset today when I got this letter and i'm not sure if anyone else has recieved similary letters!
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.