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).
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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!
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speak to either the CCCS or Citizens advice bureau
CCCS (Consumer Credit Counseling Service) provides financial education, budgeting assistance, debt management plans, and credit counseling to help individuals manage their finances more effectively and reduce their debt burden. Their aim is to empower individuals to make informed financial decisions and improve their financial well-being.
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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.
If you have good credit, contact your bank and see about a debt consolidation loan. If not, seek out Consumer Credit Counselling Service (CCCS).
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.
Not much, unfortunately. The IRS is generally not willing to work with CCCS. If you can obtain a private debt consolidation loan, that will still work, however.
Yes. Even CCCS charges setup fees and monthly service fees. Worse, there are scam companies out there that will charge hefty fees for nothing.
You can find information online regarding money management international at the following websites...www.moneymanagement.org/Utility/Privacy-Policy.aspx or getoutofdebt.org/.../I-have-contacted-cccs-and-money-management-.