I've got a PDL with B&L Marketing and they are wanting me to call them back to set up arrangements. However, I've let them know in the letter that I faxed and emailed that I need to have everything in writing. They emailed me and let me know that if I would like consideration and my balance marked as paid I had to call them. I've not ever been through this before and I don't want them to harrass me when I call. Why can't they do it over email or can they?
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.