I was making irregular payments to chase on a 600 debt (laid off) and they turned it over last month to United Recovery Systems. A person named Monica Dinkins is calling me. I spoke with her and she demanded my SS and birthdate, which I refused to give.
I did receive a letter saying I now owe over 800. I can make higher payments on this, but I would rather make them to Chase. How should I proceed? Should I ask Chase to settle, or request to settle with URS?
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.