I hope I am under the right category. I apologize if I am not. I received a call from a company called KIP Recovery telling me they are going to garnish my pay for a a PDL by the name of No Faxless Payday Loan. I never had a PDL with a company called this. Has anyone heard this company called KIP recovery. When I call back and asked for their name and address they always disconnect me. They are calling my work now. Can anyone help me.
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.