I have $33,000 in credit cards with USAA and $34,000 with Navy federal credit union credit cards and a line of credit of $7500 with Navy federal. I don't have the money to pay them and I just missed my 1st payment with USAA. USAA have been calling me all day I just did not pick of the phone. Anybody have any experience with navy federal credit union. I have Home Equity Loan with navy federal, that I know I have to pay, but my credit cards I will not pay. Anybody got sued by Navy Federal or USAA, I will keep you posted on what happpens.
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.