I got a call from this number and they didn't say who they are why they are calling they just threatened me saying I shouldn't ignore this call and the situation would fall on me. This person wished me good luck and said some other things. I question the validity of this. I don't like being threatned by someone who didn't speak clearly or leave their name.
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.