Debt Cosolidation, NEED TO REPAIR CREDIT PLEASE HELP!!!

[toyoungforthis]

Hello to all,

I am new to this, So please bare with me, I am in my early 20's and debt got out of control, So I contacted a consumer counseling group, They are taking over all my payments, while I am making payments to them, Jsut lowering my interest preety much.. How can I improve my credit, I ma not supposed to get any new credit cards, I am going to need a new car in like 5 or 6 months, and probably a loan, I dont want my credit to be totally shot, I wonder if I did the right thing or not, If ANYONE Knows the lasting effects of this please let me know, PLEASE HELP me with how I can improve my score... Thanks A lot!! All Help is Greatly Appreciated...

[c m chase]

Well, just HOW bad is it? Did you just get caught in the debt? Are you 30 days late? Are you 90 days late? Do you have charge-offs? Collectors?

It all depends on how far behind you are and such.

And, most people on here would suggest you leave the cccs place....they normall screw more things up than they fix.

[toyoungforthis]

Thanks for the reply,

My score with the 3 major CB's is around 550, I have no charge-offs, I have a total of 7 credit accounts, all of which are on the cccs program, I have a totla of 20 inquirys over the past couple of years, I have paid only 1 account 90 days late, but all of them are being paid on time by the cccs company... I think most of my credit accounts were 30 days late at least once in the past year or so, I have no active credit accounts now, I've heard both good things and bad things about cccs companies, but I had to do something, and their locally and had no outrageous fees, I just need to know some steps of what I can do, How long will this be bad, etc, I hope more of this info helps,, I highly appreciate your help.

Thanks Again