0
Should you use a program such as CCCS to pay off credit cards that have not been paid for a long time?
Wiki User
∙ 19y ago
Only if you have no other recourse, or can pay your creditors off in a few months. Why? First of all, even some so-called 'nonprofit' agencies of this type charge you hidden fees for the service. Second, until you make your final payment your credit won't go up or reflect your efforts to make things right. It's better to just save up the money you'd be paying to one of these companies until you can make a settlement with your creditors, or arrange a payment schedule with the creditors themselves if possible. And remember, make sure that when you do settle it is reflected as 'paid off' and not 'settled' on your credit report!
Wiki User
∙ 19y ago
Add your answer:
Earn +20 pts
What is CCCS?
CCCS refers to a consumer credit counseling service that provides credit counseling and other financial education to the communities it serves. A consumer credit counseling service is a nonprofit charity. Additionally, organizations that carry the CCCS name are members of the National Foundation for Consumer Credit (NFCC).
How much does cccs cost?
300
What is CCCS?
CCCS refers to a consumer credit counseling service that provides credit counseling and other financial education to the communities it serves. A consumer credit counseling service is a nonprofit charity. Additionally, organizations that carry the CCCS name are members of the National Foundation for Consumer Credit (NFCC).
Why should a person use the help of Consumer Credit Counseling Service CCCS?
A person should use the help of Consumer Credit Counseling Service (CCCS) when trying to manage debt. You can find services such as debt consolidation, credit counseling and more at the Consumer Credit website.
How do you get help with credit card settlement?
speak to either the CCCS or Citizens advice bureau
Who do I contact for Credit Card Consolidation?
If you have good credit, contact your bank and see about a debt consolidation loan. If not, seek out Consumer Credit Counselling Service (CCCS).
What are some good debt consolidation tips?
Credit debt consolidation can be a lifesaver, but do keep in mind that it will have nearly the same effect on your credit as bankruptcy. Not quite as bad, but you'll take a very significant ding. With a good job, you should qualify for one those programs, check with CCCS to get more information.
How much does cccs cost?
300
What is the name of the federal act or law that allows someone to get a debt relief ruling without filing bankruptcy?
You might be thinking about the Fair Debt Collection Practice Act. It is the federal law that dictates how and when a debt collector may contact you. Check this link-- http://bankruptcy.findlaw.com/bankruptcy/debt_options_overview(1).html If you need help--find a consumer credit company service (CCCS)in your area that will help you get all your debts in order. Google "CCCS" Make sure it is a reputable company--call your State Attorney's office (http://www.naag.org/ag/full_ag_table.php) and check on them. Some don't help, they only make the situation worse. They will help you-- by first going over what is spent monthly, what needs to be paid monthly, what spending should be stopped or curtailed monthly, they arrange with your creditors to accept the program and possibly lowering your rate, and setting you on a program. They will report this on your credit report. It doesn't stop the lender from showing that you are past due or staying past due if they are accepting a lower payment They will report that you have successfully completed the program, or you left voluntarly or you quit the program without reason. If you start the program, don't leave until you are done or can show the CCCS you can handle your debts on your own.
How many cccs in 1 milliliter?
1cm3
What organizations offer consumer credit counseling services?
Shopper credit advising administration organizations are Internal Revenue Service 501(c)93) ... Each CCCS office offers a typical arrangement of administrations, including monetary ... Credit Counseling · Credit Education Services · Debt Management Plan · Contact debt redemption.
Can the CCCS help Fred and Wilma If so in what way's?
yes
How much will it cost for Fred and Wilma to use cccs?
250
What are the key principles to the CCCS debt management plan?
The concept behind a CCCS debt management plan is to consolidate several outstanding loans or credit lines into one manageable loan, usually with less interest than the previous loans. The key things to consider here, which can usually only be answered by a qualified professional, is whether this is the best option for you as there are usually other options available if outstanding debt is an issue.
