Several PDloans being paid on time - unforeseen circ. caused no $ available and ACH's are ruining my bank history & ruining me. I have asked each one to stop sending ACH's throu, some have, some haven't. Can I get help just to get everything to STOP and let me pay off over 45-60 days directly. Please help.(name removed for your safety. cannr)
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.