CCSNI will make referrals to local community resources for clients who require access to information in an alternative format.

Debt Management

Debt Management

CCCS Debt Management Program: Making Repayment Easier

Are you struggling with high debt balances with high interest rates? Trying to make progress on payments can make you feel like you’re drowning. It’s only natural to search for a life preserver.

The CCCS Debt Management Program (DMP) can be that life preserver! We can help alleviate the burden by serving as a liaison between you and your creditors. Through this partnership, we will develop a repayment plan that works for all parties and makes your life easier!

What’s Included in This Program?

If you’re interested in the DMP, you can come in for a free, no-risk consultation. One of our counselors will sit down with you to get to know your financial situation. Then we will estimate how long it will take to repay the debt through a debt management plan. Typically, this will take four or five years.

We will then negotiate with your creditors to make your repayment plan as convenient for you as possible. Possible concessions from creditors include lower interest rates, waived fees and bringing accounts current.

We can also consolidate your debt payments so that you only make one payment per month. You can do this by cashier’s check, money order or automatic withdrawal from your checking or savings account.

Once you start making payments, we will provide you with periodic progress reports. We will also be here to help if you run into any problems or have any questions along the way.

How Much Does CCCS Debt Management Cost?

As a not-for-profit organization, we work at keeping fees to a minimum. However, there are some fees associate with the debt management program:

Graphic of pricing of Debt Management classes at CCCS

What are the Benefits of Our DMP?

Nothing excites us more than helping people get out of debt and succeed financially. Therefore, we design our DMP to give you as many benefits as possible. Here are just some of the many ways our debt management program can make your life easier:

  • Only one debt payment per month
  • Reduced monthly payment and interest amounts
  • Clear, stabilized payment plan
  • Dedicated support and assistance
  • Education on good spending and saving habits for the future
  • Improved credit
  • Freedom from debt!

It’s Time to Get Your Head Above Water!

You don’t have to struggle alone. Our credit counselors are ready to help you start a CCCS debt management program today! Please call us at 800-815-2227 to set up a free consultation. We offer debt management in Woodstock, Elgin and Fox Lake, IL.