What does the CCCS stand for?
CCCS stands for Consumer Credit Counseling Services. Consumer credit counseling service agencies are Internal Revenue Service 501(c)93) nonprofit organizations that will help you find a workable solution to financial problems.
What does CCCS stand for and what can it do for you?
CCCS, or Consumer Credit Counseling Service, works to help people overcome debt and if possible, to avoid bankruptcy. CCCS is a member of the National Foundation for Credit Counseling and is certified by the U.S. Department of Housing and Urban Development as an approved housing agency.
What does a credit Counselor do?
A credit counselor looks over your bills and debts. With your permission, they’ll also pull your credit report and take a look at your debts and the status of those debts. If your situation warrants it, your credit counselor may recommend that you use a debt management plan (DMP) to help repay your debts.
What is consumer credit Counseling?
Consumer credit counselling services are designed to help consumers develop effective strategies for paying off credit card debt. Non-profit credit counselling is not a debt solution in and of itself. Instead, it’s a service that helps you identify the best solution to use based on your debts, credit, and budget.
Who is CCCS?
Consumer Credit Counseling Services (CCCS) are mostly non-profit organizations that offer free or low-cost counseling, education, and debt repayment services to individuals in danger of bankruptcy.
How long does credit Counselling stay on your credit report?
The goal of credit counseling is to avoid bankruptcy. This item will stay on your credit report 3 years from the date it was settled (or satisfied). If unsettled, it will stay on your credit report 6 years from the date filed.
How do credit counseling make money?
For-Profit Credit Counseling Services They are for-profit businesses, providing a service for a fee, or two or three. The fees can be quite high, especially compared to non-profit agencies. This is one way they earn their money. They also profit off charging you interest.
What do you need to know about cccsmd?
Everyone faces challenges on the road to achieving their goals. From major life decisions, like where to live or what to study, to managing day-to-day expenses, CCCSMD understands that every person’s situation is unique.
Why is cccsmd the best credit counseling service?
It is scary to know this can happen, for a variety of reasons, sometimes not your own fault (illness, medical bills, lay off at work, loss of spouse for any number of reasons) and thankfully you are there to help us get back on our feet and find our ways in a way too credit friendly world. I highly recommend CCCSMD to anyone struggling with debt.
What do cccsmd Certified Financial advocates do for You?
From major life decisions, like where to live or what to study, to managing day-to-day expenses, CCCSMD understands that every person’s situation is unique. Our NFCC Certified Financial Advocates can help you better understand your financial challenges and opportunities, and will recommend tailored solutions so you and your family can thrive