We would like to get a unsecured loan to pay off credit card debt. We have steady income and can verify our income. We stay current on all our bills. We have a high debt to income ratio; however we are still able to make the monthly payments. We would agree to automatic withdrawal from our checking account for the monthly payment. Do you think there is any lender who would be willing to make us such a loan?
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.