when the pdl companies call me, do i really need to call them back? i have closed my bank account. i have 3 internet pdls and i live in the state of fl. i have found out none of these companies have license to do business in the state of fl. through the fees, i have paid all of them back except for one and i only owe them 30.00. can i just ignore them or do i need to talk to them and let them know that i know they are not licensed?
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.