Consumer Credit Counseling Services | Credit cards

I find it very unusual

I find it very unusual that anyone would want to deal with a CCCS, knowing that they are receiving a “fair share” (commissions) from credit card companies. It reminds me of an old saying, “he who pays the fiddler, calls the tune”. In fact, I read an article from the IRS recently. It stated that the IRS is now very cautious about giving out Not For Profit standing. They accused the CCCSs of really being “debt collectors”, which in my opinion, they are.

If anyone doesn’t believe this, why not ask a CCCS this “fair share contribution” and wait for the answer. Notice how they answer it…

Can anyone honestly tell me how a so-called Not For Profit organization like CCCS can survive on a client’s “voluntary” contribution of $30 per month per client? I don’t think so!

CCCS is not a debt elimination company, they are a debt management service. Big difference.

Sorry to the blog for putting CCCS in the debt elimination catagory … It IS a debt management company. I think of them as debt elimination only because alot of years of due diligience and paying them off they were(my debts) eliminated!

Well, for those of us who don’t want to take the easy road and declare bankruptcy I felt in the 4 years that I dealt with CCCS they were more than helpful. I, honestly, didn’t care how my debt was managed. I received the desparately needed assistance from them to deal with the creditors who were so cut throat and nasty and called every day.

Being so far in debt and having your house threatened to go into foreclosure having CCCS help us with all the other creditors was such a lift from us. In the mean time while we under the debt management program we were able to develope a budget and begin to see the light without the constant nag of creditors! In my opinion ALL the creditors are crooks! They deserve to pay companies like CCCS,(if that is the case, I don’t know that) or any other. For the creditors to continue offering credit to people that are over their heads, or to college students or to the elderly when they can’t make the payments… and they know this is… completly wrong of them.

I know that people are going to disagree and that is fine. I won’t have a credit card now unless I use them, and don’t pay them interest! I learned they aren’t worth the pain and suffering if I can’t pay the bill when it comes.

But to get back to the point, CCCS worked for me and lots of other people. As, I said in my opening remarks it may not be for everyone. But if you are so far over your head and dealing with the creditors directly to come up with some payment arrangements, decreasing your interest rate or whatever and the creditors decide they won’t accept your offers then it is alot better than loosing everything you have. Working with them at least allowed us to surface, work hard and stop those annoying creditors calls.