The DV letter on this forum asks the CA for a "Copy of the original credit card application establishing the debt between the creditor and me. This is also basic contract law" as part of debt validation under the fdcpa.
I got a response from the CA and they say that they are not required under the FDCPA to provide me with the application to validate the debt. I also read the FDCPA myself and no where does it seem to require the above either.
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.