For anyone looking for info on this internet PDL company- I was in email contact with one of the gov't offices in Utah and they couldn't find any info on them for me. I then checked the licensing dept in Utah and found out that EZ Payday is delinquent on their license and has never renewed it as of 5/22/08. Thus they are operating illegally!
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.