Tag Archives: consumer credit counseling
- Should I Do CCCS vs Debt Settlement? – Dave
“Dear Steve, I am behind on my credit card debt to the tune of $35,000. I’ve looked into different options but I’m not sure if I should go cccs vs debt settlement? What do you think? Dave” The Answer: Dear Dave, For people that don’t know what CCCS means, it stands for Consumer Credit [...]
- I’m Up to My Ears in Debt. – Nathan
Nathan “Dear Steve, I am up to my ears in CC debt. I thought about going through companies like care one, etc. I have two cards with capital one, one with wachovia, one with chase. what do i do. this is on top of student loans and i am spreadin very very thin on money. [...]
- We’ve Consolidated Our Debt Over and Over But Continued to Live Beyond Our Means. – Steve
“Dear Steve, Me and my wife both have good jobs. We also both have good credit. We are not behind on anything nor have we ever been late on anything. A couple years ago we consolidated $42,000 dollars worth of credit card debt. Then about a year ago we consolidated about $27,000 dollars worth of [...]
- The American Consumers Nuclear Winter
With so little time before the next presidential election it is a good time to take a quick look at some important issues that are impacting the wallets and purses of the American consumer. Under the Bush administration consumers were significantly harmed by unreasonable and unfair bankruptcy reforms that clearly helped big business, hurt consumers [...]
- Quickies – CCCS Consumer Review, Autos, Cards, Balances, and Debt
When I need a break from answering questions I often take a look for some odd or interesting search terms that people used to find me. Below are some of the latest I saw today that I wanted to provide quick answers to. Steve Search Terms CCCS consumer review – CCCS stands for Consumer Credit [...]
- Consumer Credit Counseling Service, CCCS, NFCC, and National Foundation for Credit Counseling
I often get questions from people asking me about Consumer Credit Counseling Services, also known as CCCS. I thought I’d give you a quick little summary of CCCS and the types of services they offer. CCCS offices are members of the NFCC. The NFCC used to stand for the National Foundation for Consumer Credit but [...]
- Federal Trade Commission Should Allow For-Profit Credit Counseling and Debt Settlement Firms to Assist All Consumers
I understand that the Federal Trade Commission has been looking into regulating the debt settlement industry. I feel the time has come to finally address the needs of consumers for representation in credit counseling and debt settlement matters. I have provided a statement to the FTC in order to support the acceptance and regulation of [...]
- Banks Agree to Wipe Out Up to 40 Percent of Credit Card Debt But Watch Out.
Credit card lenders include Discover Financial Services LLC, Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Capital One Financial Corp., American Express Co. and HSBC Holdings have finally come together with the help of the National Foundation for Credit Counseling, Consumer Federation of America and the Financial Service Roundtable to start the process [...]
- Would You Like to Be a Debt Collector?
Recruitment Video For Debt Collectors This recruiting video for a major banks debt collection department is very interesting if you listen closely to the words. I’d suggest that you even consider watching it with your eyes closed. I think you’ll find the video a very interesting approach to try to put a positive spin on [...]
- Five Inside Truths About Debt Management Plans (DMP) You Need to Know
People are often so confused or uninformed about debt management plans in the US that I wanted to share some truths with you. Here are the five biggest misconceptions people have about debt management plans, in no particular order. Debt Management Plans Are Not Designed for You to Get Out of Debt Since the DMP [...]