Noticed an article/video clip on MSN this morning. http://moneycentral.msn.com/articles/smartbuy/debt/9732.asp It states the things discussed here. It also recommends CCCS which is many times not recommended by posters on this board. KK
I was just about to post that article. CCCS is almost as bad as a BK, from what I understand. It shows up on your CR. CCCS are the good guys with the creditors, because they get the creditors THEIR money. Charlie
From the posts here---->BK IS ALMOST AS BAD AS CCCS... 2 years post BK~~~unsecurred credit cards, low rate mortgage... 2 years post CCCS~~~100% securred credit cards...DENIED...mortgage 12% +
George has this right. We did a #7 BK and our credit is not the best but Ok. We have unsecured cards with OK rates etc. But CCCS is death. In a way BK is liberation from an ugly situation most people never expected to happen.
CCCS is a scam being done on unsuspecting consumers who want to do the right thing, In reality it's a smoke screen put up by the creditors to make the consumer think an agency is working for them. Believe me it's the creditors who butter CCCS's bread.