1. Education CACC provides literature, resources and consumer credit counseling to educate consumers on all aspects of their credit situation. 2. Budgets Developed CACC works with consumers to create and develop personal budgets. CACC has developed a comprehensive budgeting program where consumers can learn how to manage their income and expenses. Our budgeting program is designed to give consumers clarity in determining how to achieve a realistic program of monthly spending. 3. Credit report review Aside from credit card debt consolidation, we can provide you with advice, direction, and resources to help improve your credit profile. For information on obtaining your credit reports or for questions regarding credit improvement you can email us or visit our "Resources" section. 3. Credit Card Debt Consolidation We take your outstanding credit card bills and consolidate them into one monthly payment. You issue one payment per month to CACC and each of your creditors receives a portion of your monthly payments. You will still receive your billing statements from your creditors with your payments indicated, so you can monitor your payments easily. The accounts placed in the program would be closed. The benefits of the consumer credit counseling program are dramatically reduced interest rates, past due accounts brought current, and debt liquidated in the shortest possible time frame. 4. Past Due Accounts Brought Current In many cases we can reage account (i.e., bring past due accounts current) so that your minimum payments are brought to an up-to-date status. Additional charges such as late and overlimit fees may be waived on our consumer credit counseling program. 3. Lowered Interest Rates We can establish repayment plans with your creditors at significantly reduced interest rates. In some cases we can eliminate interest completely, where you're paying just your principle balance. This allows you to liquidate your outstanding debt as quickly as possible. 5. Stop Creditor Harassment By entering CACC's credit counseling repayment program all creditor and collection calls will be referred to our agency. Upon creditor acceptance of the repayment plan you will be relieved of the annoying bill collection telephone calls. CACC has experts on staff to resolve any creditor situation. 6. Collection Accounts We can attempt to renegotiate accounts that have been sent to collection agencies. Accepted accounts will be included in your consumer credit counseling program.