does anyone know of a good non-profit debt counseling service?

Question

I am looking for a way to get a handle on my debt. I have explored a few different options, but my credit is too bad to get any type of loan. I just got a "quote" from a debt relief company to help resolve my issues, but I am a little wary because I have heard a lot of bad things about these companies. Is there anyone who is currently (or in the past) worked successfully with a non-profit debt counseling service? If so, who was it and how was your experience? Any other advice that can be offered is greatly appreciated.

Answer 1

CCCS (Consumer Credit Counseling Service) is a non-profit service that is partially funded by the credit card industry. They can put you on a payment plan and reduce or even eliminate interest...They require you to cut up your cards. Note: They DO NOT negotiate settlements...just reduced interest payment. FYI: If you go on their debt program, this will be noted on your credit files and getting any mortgage or car loans will be difficult or impossible while on their program.

STAY AWAY form any debt counseling service you see advertised on TV...regardless of how nice their "feel good" ads seem.

Answer 2

I've been told by others that have used them that the Consumer Credit Counseling Service is a good one. Get anything clarified that you are unsure of.

Another one I heard good things about was Debt Solutions.

Good luck and don't give up because I've been where you are now with a bankruptcy and an ID theft thrown in!

Go to my website and read it all because I'm sure it will help you!

Answer 3

Consumer Credit Counseling seems pretty straight - a relative of mine used them and they seemed honest. You will have to cut up your credit cards though if they are going to work with you.