If you are receiving unsolicited phone calls from an entity pretending to be ACCC (a trusted non-profit credit counseling agency), please be assured that ACCC’s policy is NEVER to contact you unless you’ve explicitly requested us to call you. Also be cautious of emails from an unusual or unfamiliar domain. ACCC’s domain extension is @consumercredit.com, and any emails using a different extension should be treated with suspicion.

×

ACCC’s Client Login allows current clients to access their program information, including the due date, program benefits, and other documents.

Select a Client Login below based on the service that you are currently enrolled in:

Debt Management Program

Client Login

Not yet a client, but looking to get started?

ACCC offers debt relief options to individuals and families that are suffering from stress related to credit card debt by providing effective credit counseling, helping to consolidate debt, and advising on debt management.

Get Started

Wait!

You are now leaving the Consumer Credit website and are going to a website that is not operated by ACCC. We are not responsible for the content or availability of linked sites.

Are you sure you want to leave?

No, return me to the previous page.

Yes

Debt Relief Consolidation And Eliminating Debt

Living with a large amount of credit card debt or personal loans can be incredibly stressful. From trying to keep up with payments to never knowing when you’ll have financial stability, too much debt can make life miserable. Fortunately, debt relief consolidation services offer a solution for getting out of debt.

Get debt management support with ACCC.

Get debt management support with ACCC.

Debt Relief Consolidation And Eliminating Debt

In debt relief consolidation, you work with a debt management company to combine all the money you owe into a single lump sum. This allows you to make one payment per month instead of many payments to multiple creditors. A debt management company may also be able to work with creditors to reduce the amount you owe or the interest rates on loans and credit cards.

The debt relief consolidation plans at ACCC are designed to address the needs of your specific financial situation. Here’s how it works:

  • First, we’ll perform a detailed evaluation of your finances, including your debts, expenses and income.
  • Then we’ll help you create a workable budget to pay off your debts, usually within five years.
  • Next, in the debt relief consolidation phase, we’ll pool all of your debts, consolidating credit cards, personal loans, and other unsecured debts. You can make one payment to us each month. ACCC will disburse payments to creditors on your behalf.
  • We’ll also communicate with your creditors and work for a possible reduction in interest rates on your loans and credit cards, elimination of late fees and over-limit charges, and a reduction in the amount of time it will take to pay off your debts.

Additionally, ACCC offers a broad range of educational resources on our website and through newsletters and self-directed studies. You can learn more about credit card debt consolidation loans, creating budgets, credit scores and more.

Not all debt relief programs are created equally.

There are many companies out there that call themselves “debt relief” or “debt settlement” companies that will tell you they can consolidate your debt. This may sound similar to ACCC, but their methods will hurt your finances in the long-run. Whereas ACCC and other reputable credit counseling agencies have non-profit status, debt settlement companies are for profit companies. Their fees are often higher than nonprofit credit counseling agencies, and settling debt for less than the principal amount you owe will cause your credit score to drop. Additionally, whatever amount of the debt you don’t pay through settling can be considered income by the IRS, and you can be taxed on it.

Before you start a debt relief consolidation program, do your research on the company first! Making sure the company is a reputable nonprofit credit counseling agency could mean the difference between successfully paying off your debt and digging yourself into a deeper hole.

If you’re struggling to pay off debt, ACCC can help. Schedule a free credit counseling session with us today. 

ABOUT AUTHOR / Dilini

Dilini is a Marketing Communications & Programs Associate at ACCC. To anyone, managing finances can be a real challenge! Any tips and tricks to help get through this are great! Dilini will share her experiences, tips, and tricks along the way through the Talking Cents blog. Stay tuned!

View all author posts →

creditU

Your Ultimate Money Management App

Meet CreditU, the ultimate one-stop debt and financial management app! See your full financial overview, including debts, income, expenses, and savings.

CreditU Apple App Store
Dev Tool:

Request: blog/debt-relief-consolidation-and-eliminating-debt
Matched Rewrite Rule: blog/([^/]+)/?$
Matched Rewrite Query: post_type=post&name=debt-relief-consolidation-and-eliminating-debt
Loaded Template: single.php