CCCS or NOT????

**eedwards** · 11.14.2003, 08:50

I am currently using CCCS, but considering stopping their services and paying my cc bills on my own. If I stop their service, will this have a positive or negative effect on my credit report? Or no effect at all? I have been using CCCS for about 1 year.

**GEORGE** · 11.14.2003, 15:14

Originally posted by eedwards
I am currently using CCCS, but considering stopping their services and paying my cc bills on my own. If I stop their service, will this have a positive or negative effect on my credit report? Or no effect at all? I have been using CCCS for about 1 year.

IF YOU STOP CCCS...you will be helped TONS...but only if you don't have any mention of CCCS on your credit reports...

BUT--ON THE DOWN SIDE...you may not get any DEALS from the credit card companies...they may JACK YOU UP TO LIKE 25%+

**safti** · 11.14.2003, 18:26

Check the fine print with your cccs aggrement.They do charge for their service.If you stop you may owe them.I did it for a year.Big mistake.Ended up filing BK7. Should have done that to begin with .It would have saved me a ton of money.

**GEORGE** · 11.14.2003, 18:31

Originally posted by safti
Check the fine print with your cccs aggrement.They do charge for their service.If you stop you may owe them.I did it for a year.Big mistake.Ended up filing BK7. Should have done that to begin with .It would have saved me a ton of money.

PAY MONEY FOR SERVICES...NOT RENDERED???

**safti** · 11.14.2003, 18:32

BTW I've also heard that cccs on CR is just as bad as filing and having BK on your report

**GEORGE** · 11.14.2003, 18:33

Originally posted by safti
BTW I've also heard that cccs on CR is just as bad as filing and having BK on your report

WORSE

**tonyd** · 11.14.2003, 19:00

Originally posted by safti
BTW I've also heard that cccs on CR is just as bad as filing and having BK on your report

WHY?

**GEORGE** · 11.14.2003, 19:32

BK IS BAD...BUT CCCS IS REALLY, REALLY BAD

**safti** · 11.15.2003, 00:20

It's BAD because it shows your having great difficulty with your finances.

**snickers34** · 11.16.2003, 21:21

I disagree! I was on on CCCs for 3 years. Towards the end of my payments, I got a car loan for 14% (went down to 8% 6 mos later). I also got tons of credit cards at terrific interest rates. But then I filed bankruptcy 8 years later... go figure. :(