I recently received a letter from Citibank/Citicorp regarding my Home Depot account, late a little over 90 days. They have noted an option to settle and I am planning on mailing them an unsolicited settlement letter, I hate phone conversations with rude people. I am having a problem though try to figure out which address to mail it to, so that it gets to the right person/s or department. Can anyone give me a good address?
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.