Ok...so financially I am in a huge bind...Getting ready to go on unpaid maternity leave and have been turned down for pretty much every type of assistance in my state(don't even get me started on that because it will just open a whole can of worms) Anyway, I heard about this place called prosper.com where you post your story and then people bid to lend you money...the only thing is...I am not sure it is legit and really dont want to give out personal information because my god if anything else happens to me right now finanically...it will probably make me suicidal. Has anyone used them or heard of them? If so, can anyone give me some info?
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.