Hello, I am needing to figure out how to take care of all of my debt. It's been about 3 yrs since I have had any contact from any collection agencies. I've ran a credit report and it has given me the following collection agencies and information: NCO FIN/99 ($1813.00) NCO FIN/22 ($2129.00) Midland Credit ($1213.00) CER STS REC (1634.00, 99.00) Discover ($1118.00) P&L write off(What Does This mean?) and LVNV Funding/ Sears Citi ($361.00) Where should I start? debt negotiation? I am at the point to clear all of this debt. Thanks for all the input and time. Thanks, T. Nguyen
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.