ConsolidatesDebt.com | Credit Counseling

Compare ConsolidatesDebt.com's debt elimination program to others:

Credit Counseling
Bankruptcy
Consolidation
Paying Minimums

“The high failure rate in DMPs (debt management plans/CCCS) is undoubtedly influenced by the limited concessions that creditors now offer to consumers who enter credit counseling. If consumers cannot significantly lower the amount that they owe, they are more likely to fail in completing a three to five-year DMP.” –Credit Counseling in Crisis, Consumer Federation of America and The National Consumer Law Center, April, 2003.

In an internal memo, the chief counsel for the IRS challenges the credit-counseling industry’s tax exempt status and adds, “They (CCCS) are not providing any meaningful education or relief of the poor.” –The Washington Post, 8/4/04

Credit Counseling

Many people who try consumer credit counseling services (CCCS) become unhappy with the lack of progress made on their debts and then call us! ConsolidatesDebt.com's program is much faster and lest costly than credit counseling:

Credit Counseling programs (CCC) ConsolidatesDebt.com's program One monthly fixed payment

Total cost to client exceeds original debt

Getting new credit is difficult during the term of the CCCS program.

Takes many years to become debt free and clients often accumulate additional debt while in the program, making true debt freedom unlikely.

Credit counseling programs have only a 26% completion rate.