I would like to know if anyone has found more information on emblem mastercard credit card program, and if they are legitimate. So far the information is really vague and simply not very helpful. I received an offer to pay an amount, then they pay an amount, then I receive a credit card through Monterey County Bank. Email me please at email deleted per TOS rules.paulmergel with any new information. Thanks.
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.