Is this account preventing me from obtaining a card?
Date: Fri, 07/26/2013 17:23
I have a credit account on my credit report. The account has been supposedly opened in the year 1997. The credit limit is $40,000. I don't recognize this account. Is it preventing me from obtaining a credit card. The account is in a good condition. How? My credit score is 610.
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.