. asked:


I got the name of the company from a financial advisor, but I’m very weary about using a debt consolidating company since I always here such horrible stories. I checked over their website and spoke with someone from the company on the phone. They say they are nonprofit and gave me an estimate for pay off that sounded great, but I’m still nervous.

I just wanted to get opinions from others who may have tried it or have known people who tried it before I go any further.

cbmp06 asked:


I am interested in consolidating my debt. Does anyone have any experience with this consolidation company, and if so, please share! Pros and cons, did this help or hurt your situation/future? Thanks!

FOXXY LADY asked:


Has anyone ever used this company, is it reputable? do they really help your credit and debt as they promise. I use to have two jobs now I have one and I am in big trouble.
Please help!!!

babs080 asked:


I was goin to try credit solution found out it was a scam now I’m thinking about trying American Credit Counseling Center.

SoonerFan asked:


Okay, so here goes. I recently, three months ago, started tackling my 15,000 in CC debit. What I did was contact American Consumer Credit Counseling. I have been paying $760 a month toward the debit, plus whatever else I can afford. At the same time I am trying to establish a savings account in case of emergencies, I am putting $400 a month into that account. I plan on putting an additional $1200 every three months toward the credit cards. If I don’t make any other additional payments then I should have it paid off by next December.
To add to this I purchased a car three years ago with a loan that has a 17% APR, I know awesome. I have never been late on a car payment, but now the car is breaking and becoming unreliable. I still owe about $6000 on the car loan. I think the car could probably last another year, I will just need to put money into the car to keep it going.
I have been managing my experian credit report. And a few of them are reporting, account payments managed by a financial counseling program. Also that the account aren’t scheduled to go to a positive status until 2013-2015. My credit score is 494, it went down two points in the last month.
I have a couple of questions.
Should I even consider purchasing a new car? Could I get a loan with a decent APR? I can afford the payment but just don’t want to pay double for a car loan, again.
How can I improve my score? Is there anything else I can do?

x_y_z_012 asked:


My sister owes about altogether $32,000. She has gotten credit counceling through American Consumer Credit Counseling (ACCC) and she owes $23,000when they consalidated 3 credit cards. She owes a bank loan of $2,000. She owes another credit card $2300, She owes Sears $3200 and Mervyns $700. My dad’s offered to put all of it on his credit card but I am afraid she will never be able to pay that amount. She makes $23,000 a year and claims she cant find another higher paying job. Can she file for bankruptcy and if she does, what exactly does he need to do?

Brittany M asked:


Already with ACCC (American Consumer Credit Counseling);21 yr old full time student; Work full time but don’t make that much; no time for 2nd job; got into debt trying to be an adult and not moving back home with mommy; 400 dollar car note; 150 a month for braces; credit debt was originally $9,000 now its $11,000 because of late fees and interest; is debt really off of your credit report after 7 years? Need a personal loan for at least $5,000- $10,000 but one for specifically BAD credit? Where specifically can I obtain one?will they approve me? if I cant pay this debt what’ll happen after 7 years? Please no rude comments only intelligent knowledgeable ones. Thank you in advance.
thank u everyone for your answers all were insightful and helpful….but how can i sell my car if i owe my finance company? and who wants an 06 suzuki with 20,000 miles on it for 17,000 ??lol if u know let me know thanks

choo_hoo asked:


Do they really help you….I am about to join this lawfirm under credit counseling of america to help with my debts. I am a little skeptical because they say they will work my creditors, collect monthly payments and deposit into a trusted account, and in two years then pay the creditors off… Does Consumer Credit Counseling of American for reals???

kel5204 asked:


My boyfriend has bad debt, and cannot deal with the collection agencys abuse. He has been given different options from different people. I need to know whats best for him.

I contacted American Credit Foundation http://www.debtguru.com/ which is a non profit credit counciling foundation that has agreed to make a payment plan so he can pay back the 2 creditors he owed. I figured this would give him a chance to build his credit back up.

On the other hand, his dad is telling him to just claim bankruptcy. he tried telling my boyfriend he would still be able to purchase a house within a few years.

Whos right, whats his best options.

buttons799 asked:


So here’s the deal, due to situation I have used my amex, alot. Now it’s to the point I owe well over 20K and my payment is more than my car payment. I haven’t been going out on shopping trips, just had to use out of necessity. Anyway so I can barely keep up with the payment and the $300+ of interest that gets added to the card every month is about to put it over the limit. I know I can go thru consumer credit counseling but I don’t want to pay them to do something I can do myself. So here’s my question, does anyone know how to get the credit card company to help me out by stopping the interest and lowering my payment? I wouldn’t have to use it if my bill wasn’t so high but …you get the picture. I have created this mess I know that. If you have any insight or help I would appreciate it. Thanks