Cambridge Credit Counseling Service

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When i first graduated from college I remember I never really understood just how much my credit would affect my future. Well, due to a combination of student loans and credit cards during college, and after college I foudn myself in a steady sprial down. So I remember watching an infomercial about debt relief....and I checked the site and checked with the BBB and then joined Cambrdige Credit Counseling. http://www.cambridge-credit.org/marketing/debtcongog.asp This place is one of the legitimate services that do not require an up front monetary donation (CAUTION: any of the services that require this are a scam plain and simple). You can check with the BBB. What they do is after you have submitted your bills to them a counselor will contact you by phone to verify the amounts and due dates and suggest anything you need to do in order to change the dates so they will be considered on time. Then you can either mail them a check or have it set up as an automatic payment and they disburse the funds to the accounts. They charge a very minimal amount to do this. They send out the proposals to the creditors and they negotiate terms for you as well. You can consolidate anything from medical bills that are past due to repoed car bills you owe on. It's not just for credit cards. And your bills will be paid off in three to five years depending on the amounts. Also, they give you what is called the good payer funds which is basically if you pay your bill to them on time every month they get money from the creditors (it's not much) and then you get some of this money back too. It builds up in your account with them. I have received various amounts over the years I have been with them. I paid off three credit cards, and currently signed up for another 2 cards I fell behind on over the last year, and two medical bills. Put it to you this way it is better than a garnishment and bankruptcy.