What's happening with Unclewarbucks.com? They stopped taking my payment. Up until yesterday, my account went to a .00 balance and it was allowing me to apply for a new loan - when I really have a $1000 loan outstanding. They never took payments in November. Now I am being emailed and called - they say there was not enough money in my account for payment which is not true and this morning my account is showing as "collections". This happen to anyone else and how do we deal with it? I am in Ohio and see that they operate out of Quebec - is that illegal?
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.