I have been in contact with this company and almost seems to good to be true. I have been searching for the last month for a settlement company and I was between Superior and Forget A Debt, but came across this place. Basically they charge you nothing but a 250 retainer fee ( to show your serious, which ends up going toward there fee anyway) and then charge 15% of what they save you. With the CC debt I have everyone is charging me about 3000, where they will charge half that. Like I said, sounds to good to be true so if anyone has any information about them, Id really appreciate it!
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.