Should you Trust CCCS for your Credit History

The Consumer Credit Counseling Service CCCS doesn't care if your credit rating gets messed up, the banks don't care if your credit ratings get messed up. All any of these companies really care about is getting your money. You are the only one to make sure your credit rating is correct.

In order for any business, even Organizations to be successful is to make money, so why are you giving all your money away to those CCCS companies.

While I was working at Washington Mutual Bank I had noticed that we would deal with CCCS companies just to get our money. This was until the note was charged off and deemed un-collectible. Does this sound fare to you if your making a payment every single month to your CCCS company? As my other article states that CCCS doesn't help your credit rating. They may even mean that your going get charge offs on your credit report. Who wants that?

To Cut things short, first don't let yourself get this far in debt, then if you get in debt and you can't pay it back right away, search for new methods with smaller minimum payments or lower interest rates so that you can pay it off faster.

If you are planning on using a CCCS company, you probably should go with the Smaller Minimum payment option. This is because that frees up some valuable monthly payment for the highest interest rate loans first.