Consolidated Credit Solutions And the BBB

If you’re overextended on your plastic and need help getting a better interest rate, credit counselors can assess your financial situation and help you pinpoint the ideal way – for you – to get out of debt. Consolidated Credit Solutions is one of the nation’s largest credit counseling agencies. But is it a good company? Let’s check out Consolidated Credit Solutions and the BBB, also known as the Better Business Bureau.

More About Consolidated Credit Solutions

The company has been around since 1993, so that says something right there, particularly in this era of financial scams and other malfeasance. Since then, it has helped scores of people like you with debt problems.

What Does Consolidated Credit Offer?

Customers can get educational resources to enhance their financial knowledge, especially relating to plastic and debt. This can occur through workshops, webinars, financial articles, or other resources. The company has also established a community outreach program.

Consolidated Credit Solutions also offers help with debt consolidation – a way of combining multiple debts into one bill with a better interest rate. You can’t get a loan here, though. That still must come from a bank, credit union or online lender.

What’s the Consolidated Credit Process?

With consolidated credit solutions, you’ll first have a free consultation with a certified counselor during which your financial situation will be assessed. Then, you’ll get a personalized plan to deal with it. You’ll also get a copy of your credit report as well as help creating and sticking to a budget. In addition, you’ll learn about strategies for managing and getting rid of debt and improving your credit scores.

If your situation is on the severe side, Consolidated Credit may help enroll you in what’s called a debt management plan (DMP). Here, Consolidated serves as the go-between for you and the companies you owe. It will establish a repayment plan that’s good for all parties, and subsequently negotiate to lower or scrap your interest charges.

How Much Does Consolidated Cost?

To set up your account, Consolidated Credit will send you a one-time bill for up to $49 – the same amount it may charge you monthly. Because the company sets its monthly fees based on what you can handle, it may not charge you at all.

Is Consolidated Credit Accredited?

Yes, and that’s important due to the scam issue mentioned earlier. Consolidated is ISO certified and is a member of the Financial Counseling Association of America.

What Does the BBB Say?

You can’t please everyone, so naturally there are some complaints – but only 20 in the last three years. That’s quite an accomplishment. But that’s not all: of those complaints, eight have been closed within the last year. All this has garnered an A+ rating from the BBB – the best you can get.

Here’s a recent confirmed review from Gaynell C.: “I wasn’t sure who I could trust, So I took a chance with CCS. My experience was excellent. The time went by so fast, and everything is paid off. Thank you.’’

And here is Jean S.: “I was drowning in debt when I turned to Consolidated Credit. From 2017 to 2021 with their help I paid off over $20,000 to different creditors. They worked with me and the creditors to reach my payoff goal. They are helpful, considerate and pleasant to work with.”

Now that you know more about Consolidated Credit Solutions and the BBB, you can move ahead with confidence with the company to get the help you need. Consolidated is established, credible, reputable, and accredited, so you don’t have to worry that you’re stuck with a bad company.