LOL I sent Nationwide/Ambassador the fax this morning and have received THREE calls in the span of an hour. The lady said that she received the fax. Ok, what part of do NOT call me do you not understand.. they called my work twice, and cell once. Anyways.. She said in her voice mail something about they do not accept 3rd party consolidation companies. HUH? Where in the world did she get the idea I was using one of those? She would be more than happy to make payment arrangements. Oh, Im sure.. .for more than I owe. I borrowed $400 and belive I've only paid like $177.5. So I DO owe some principal. Although, I've used them 3 or 4 times and paid them off so I've overpaid a TREMENDOUS amount. She said if she doesn't hear from me than my account will be transferred for collection or something to that affect. But she wished me good luck, wasn't that kind of her? LOL
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.