I am being bombarded with calls from someone called David Murphy from 9177276870. He is relentless. He has called my work and cell over 30 times today. What sucks is its illegal harrassment and apparently he does not think he is doing anything wrong. I don't owe a dime in a payday loan from a company he won't even tell me the name of. This sucks.
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.