My Loans Consolidated

Millions of Americans now are stressing over increasing pile of bills and debts on their desk. One service that actually works to help you soothe your tension and frustration is help from the consumer credit counseling service.

Consumer credit counseling service or CCCS in short is a debt elimination service that helps you get out of debt and avoid filing for bankruptcy. Before signing up for this service, it is important for people to understand what they would gain to make sure that they are not being swindled or disappointed. Generally, a debt elimination company that has been accredited should have a toll free number for people to call them and consult them without getting themselves a sky high telephone bill. After signing up with them, you are entitled to get free advice, counseling sessions and great money management tips.

With all the many types of debt help companies out there, one would wonder if this service would actually work for you and not actually dig you deeper into financial trouble. It seems that it does.

The South Washington County bulletin just recently published an article about a family who just paid off $100,000 of credit card debt 8 months earlier than expected by the repayment plan designed by FamilyMeans Consumer Credit Counseling Service in Stillwater. They had 11 credit cards and it took them less than 5 years to pay them all off. Their last payment to the CCCS was last June 29, 2009.The Hildebrandt’s celebrated by the husband’s quitting his second job and eating out. He even bought something for himself for the first time in 5 years.

They found FamilyMeans consumer credit counseling service who helped setting up a repayment plan for the family. The service fee ranged from $0-50 which was added to the monthly payment.

While they were still in the years of repayment, the Hildebrants’ credit rating stayed in the 700s. This made it possible for them to purchase their own house in April as their twin daughters requested. They were eligible for the first-time homebuyer tax credit, which they used to pay the balance of their debt.

Their frugal living was featured on the homepage of Yahoo and MSN. The family hopes that their story would help others and inspire them to do as they did.

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