My idea of a good debt relief plan is not the CCCS method. You then make one monthly installment to the consumer credit counseling agency and they then pay each one of your creditors on your behalf. The drawback to this method is even though they lower the interest rate on your credit card accounts you might still pay back as much as 140% of what you currently owe.

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  1. » Rischio » Blog Archive » My idea of a good debt relief plan is Says:

    [...] The drawback to this method is even though they lower the interest rate on your credit card accounts you might still pay back as much as 140% of what you currently owe. Filed in Finance. More [...]