I rec'd a charge off from a credit card. I rec'd the charge off form of like 800.00 and now this year they are reporting on my credit report that it was charged off for 1200.00 while i have the form they sent as a charge off of 800.00. I disputed this with the credit agency and the agency stated that the credit card was right. I have a piece of paper saying that they charged it off for less. I haven't paid it as I cannot find my actual statement before it was charged off to see what I really owe. What do I do?
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.