Reply #44: It STILL makes your credit WORSE.

[Lisa0825]

All your debts will end up on your credit report as "settled for less than full amount" or similar items. CCCS is NOT in the business of repairing credit. They are in the buiness of getting your debts settled, and debt-settlement alone MAKES YOUR CREDIT WORSE. If debt settlement is what someone needs, and they don't give a crap about their credit score, by all means use them, but I am telling you, it does HURT your credit, NOT help.

I can't even tell you how many times I have shared that info with people, both here, and on other boards, and they usually come back and say they heard otherwise. But it is the truth.

YOU can do better on your own than CCCS does, because BEFORE you pay the money, that debt is your bargaining chip! Once it is settled, you have NO leverage, and little chance of getting the black mark off your report until the 7 long years have gone by.


CCCS pisses me off as much as the shady companies because the people I have known who went through CCCS did NOT feel they were told enough about what the process would do to their credit rating. they thought it would help them.