Bonnie
“Dear Steve,
I want to deal with the best company for my debt consolidation. I don’t want to deal with money grabbers, or companies that won’t send the payments in on time and every month. I also think maybe I can do this myself in 6 years, but I can’t stop using the cards.
Is CCCS the best company to deal with?
Bonnie”
The Answer:
Dear Bonnie,
Your statement about not using the cards concerns me. I’m wondering if either your income is insufficient to meet your expenses without falling back on credit or that you feel you have an underlying money or spending disorder that leads you to spend.
If either of those issues are true then a debt management or credit counseling program may not be the best solution for you. In my experience, when people in those situations enroll in a credit counseling program they just find new ways to get credit to make ends meet or feed their addiction or bridge their gap.
As far as being worried about who is going to represent you the best, in the credit counseling world it is all about the same. Even CCCS must create a repayment plan that appeases the creditors that pay for the CCCS service, rather than a repayment plan that is based on what you can reasonably afford and sustain over the course of repayment.
I’d love for you to respond in the comments section and give me more information about your situation.
