If you will remember, AIS Services placed a negative mark on my credit report for a nice illegal pdl that was overpaid, refunded, and marked paid in full. After going around with AIS via email & also disputing this with the credit bureaus, I got up this morning to find an email from the credit bureaus regarding my "investigation". AIS Services has been DELETED from my report. So, anyone who posts (and there are a lot) regarding pdls (legal or illegal) turning you over to collections and it being reported on your credit report - yes, it may happen. However, yes, dispute the hell out of it with the collection agency and also all 3 credit bureaus. So, kash (you're so paranoid!)and jen (you were worried), even if somethings does hit your credit report, dispute, dispute, dispute. It does work. :wink:
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.