onlybrad Posted May 3, 2007 Report Share Posted May 3, 2007 what is the difference in these two types of service? Link to comment Share on other sites More sharing options...
willingtocope Posted May 3, 2007 Report Share Posted May 3, 2007 DM takes money to tell you to put money aside until they can "settle" your debts (and screw up your CRs and pay extra taxes)DC lends you money at high interest rates to pay off your other debts.Of the two, DC is at least more honest, but if they want you to trade unsecured CC debt for a second mortgage, they're also likely to be just as damaging. Link to comment Share on other sites More sharing options...
onlybrad Posted May 3, 2007 Author Report Share Posted May 3, 2007 DM takes money to tell you to put money aside until they can "settle" your debts (and screw up your CRs and pay extra taxes)DC lends you money at high interest rates to pay off your other debts.Of the two, DC is at least more honest, but if they want you to trade unsecured CC debt for a second mortgage, they're also likely to be just as damaging.I thought that was the case.Why do so many people have late payments from entering CCCS?Is it because they make payments when they choose? or because they wait a month to send payment?Brad Link to comment Share on other sites More sharing options...
willingtocope Posted May 4, 2007 Report Share Posted May 4, 2007 Its the way CCCS works. You send them one check each month. They sit on it for awhile (collecting interest in their money market account) and then send payments to your creditors. The payments go out when CCCS wants to send them...not when they're due. You start off a month or two behind. Link to comment Share on other sites More sharing options...
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