In 2012 I took out a loan with American Web Loan and was only able to pay part if it back, I closed my account and sent them notice I will pay them back on my terms. I followed the instructions from this site. I never heard back from them. Today my boss received a call from Accurate trying to track me down by one of their trackers to serve me papers unless I call them back at (877) 679-9204. I am in Illinois, should I contact them to work out a payment plan? I am worried about getting served or called here at my place of employment. Thanks for all your help
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.