Hey all just a quick question, I'm looking to consolidate about 15G in CC debt w/ a non-profit called Community Credit Counseling Corp. But I don't know what kind of effect this would have on my credit. It's not a loan, they just take over the payments and lower my interest by dealing directly w/ the CC banks. Do any of you have experience with these guys or Corp's like this? Will this consolidation hurt my credit? Any info greatly appreciated. Thanks! ---Tourak
Any notation on your credit report of credit counseling is a big negative. Some people say it is worse than bk. I don't know if it is worse, but is bad. I would stay away if at all possible.
