I have been away for a long time. I hope everyone is well. I see I have been demoted to junior member. I do not want to be the prodigal son here so that is OK I guess. Can someone tell me how I can change to my new mailing address in my profile? I could not find the moderators only thread so I guess I am no longer a moderator either. No love lost there either.
Actually I just validated my own thread so I guess I am still a moderator. Just not on the list anymore.
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.