This company called us a total of about 7 times today - they would not tell us why they were calling. They asked for our address, they asked for social security number information-noe of which we provided. They hung up on us when we became angry after they left us on hold for about 15 minutes, and still would not tell us what they wanted. I asked What they wanted - finally in a raised voice (but not cussing). They said they did not have to put up with that, and hung up, once again. There is something drastically wrong with this company. I plant to report them to the BBB.
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.