national foundation for credit counseling

 

 

I’m Up to My Ears in Debt. – Nathan

 Nathan wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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2009 NFCC State of the Credit Counseling and Financial Education Sector Address

 Below you will find the presentation given by Susan Keating of NFCC regarding the state of credit counseling in the United States.
I was pleasantly pleased to find the NFCC talking about possibly leaving the door open to pursue offering debt settlement in the future, efforts to regulate the debt settlement industry, and an admission that [...]

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The Truth About The Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy.

This is a story that I’ve been working on for a few weeks. I’ve been asking people and groups for feedback and information to write this but what I’ve run into, is a wall.
I have received some feedback from groups and people that don’t wish to be publicly identified to protect themselves but what [...]

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Disturbing and Potentially Deceptive Move by Credit Card Industry. HelpWithMyCredit.org

It what certainly feels like yet another self-serving action by the credit card industry, Bank of America, Capital One, Citi and Discover Card, as well as the payments networks MasterCard and Visa have launched a new website HelpWithMyCredit.org that misleads consumers.
What appears to be even worse, is that a CNN personal financial reporter that I [...]

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Consumer Credit Counseling Service, CCCS, NFCC, and National Foundation for Credit Counseling

I often get questions from people asking me about Consumer Credit Counseling Services, also known as CCCS. I thought I’d give you a quick little summary of CCCS and the types of services they offer.
CCCS offices are members of the NFCC. The NFCC used to stand for the National Foundation for Consumer Credit but changed [...]

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Banks Agree to Wipe Out Up to 40 Percent of Credit Card Debt But Watch Out.

Credit card lenders include Discover Financial Services LLC, Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Capital One Financial Corp., American Express Co. and HSBC Holdings have finally come together with the help of the National Foundation for Credit Counseling, Consumer Federation of America and the Financial Service Roundtable to start the process [...]

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