BaritoneFool sez: And that suggests your last option -- another Debt Management agency. One CSR recommended Genus. I personally did not sign with them but I did review their website and it seems to be an AmeriDebt without the 3rd party consolidation loan and without the high startup and inflated monthly fees. (In fact, Genus' web site says the services are free, but after being burned by AmeriDebt on the word "contribution," you can bet I'd look hard for any surprise provisions. Anyone?) The CCC CSR had nothing but praise about how well Genus works with the companies. I have read some critism of Genus on this site, but I think that most of it revolves around certain debts they couldn't handle and surprise notations made on credit reports (by the creditors, not by Genus, and I suspect that they've already made these notes on your credit report due to AmeriDebt).I guess I'm about as "anyone" as the next . . .My family has been working with Genus for 2.5 years. Yes, you pay a contribution per managed account of $2. Yes, some creditors do not agree to the terms proposed by Genus. Yes, some creditors do indeed note on your credit report entry for their account that you are under consumer credit counseling.In addition, as I've mentioned in a previous post about Genus, our interest rates were reduced significantly. This rate reduction allowed more of each payment to go toward principal reduction. In our situation, DiscoverCard was reduced from 19% to zero. Montgomery Ward was reduced from over 21% to zero. Two MBNA accounts were reduced from 19% to 12% and to 10%.I am not encouraging the use of Genus. I am just noting my family's experience with them.rogueroo
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