I have one 60 day delinquency on credit report. However, I compared three credit bureaus, I realized that the month of my delinquency is not match between experian and TU and there is no 30 day delinquency before it. More interestingly, I had experian report on Aug 2011, shows delinquency on Jun 08 and I reviewed again on Jan 2012, the delinquency moved to July 08. I called TU for disputing inaccuracy. TU told me OC could correct the month delinquency between bureaus and added 30 day delinquency before 60. Could it be possible? After I dispute, can it delete the inaccuracy information?
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.