CCCS (Consumer Credit Councelling Service) are a popular and very profitable UK debt charity with a telephone service and 10 regional centre’s.
According to data released by the charity, from April to Jun 2008 they counselled 29,000 in the UK. Just over 6,000 (just under 1 in 5) entered into a debt management plan. 107 of the 29,000 had an IVA arranged which equates to 0.4%.
We find the above statistics concerning as they are a long way from the industry average and show a significant bias towards debt management.
If debt management is recommended as a good option consider the CCCS, but check by using our unbias comparison service first.
Find Out More About The Debt Solutions Considered
| Solutions | Debts Written Off | Legally Binding | Interests & Charges | Residential Status | ||
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50% - 60%*
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Yes
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Stopped
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Tenant or Homeowner (Eng/Wales)
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Not Normally
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No
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Many Freeze
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Tenant or Homeowner
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Consolidated
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Yes
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New Rates & Charges
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Tenant or Homeowner
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Bankruptcy is a severe last resort if you are in serious debt and no other debt solution can save you from going bankrupt. Bankruptcy may protect you from your creditors and allows you to start fresh, but you need to think carefully about all the implications involved.
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*50 - 60% is a typical debt write off with an IVA
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CCCS Reviews
There are lots of different variation of search term used to find the CCCS. Here's just a few: 'consumer credit council', 'consumer credit counseling', 'consumer credit counseling service'. If you have contacted or are using them to help you manage your debts, please take the time to create a CCCS review using the button below. Sharing your experience helps other decide who should help them and us put people in touch with the best advisors around.
