For the first time in decades, credit counseling finally has a chance to step back to the head of the pack regarding consumer debt relief options. Unless the NFCC board and creditors pull the strings to outsmart Croxon as the new CEO, everyone should expect big changes in credit counseling in the future. In my …
The Consumer Financial Protection Bureau just made what I think is a poor decision when it comes to consumers and debt. They announced the members of the new Consumer Advisory Board: Chair of the CAB – Eric Kaplan, Director – Housing Finance Program, Milken Institute (Washington, DC) Joaquin Altoro, CEO, Wisconsin Housing & Economic Development …
Sometimes the strangest stories come out of the simplest questions. In this case it was an inquiry about National Foundation for Credit Counseling (NFCC) agencies in Connecticut. From the NFCC credit counseling agency locator page for Connecticut there were 25 agencies listed. So having some time to kill, research ensued. But what was perplexing was …
It’s always nice to see groups in the debt relief industry come together for the greater good. Effective in the early hours of 2016, two trade groups, mostly representing credit counseling organizations, decided to merge to become something bigger and better. The Association of Credit Counseling Professionals, Inc., known as ACCPros, and the Financial Counseling …
Members of the U.S. armed forces, Coast Guard, veterans, and their families face financial challenges often not adequately addressed by resources designed for the general public. Two leading nonprofit organizations are now working together to deliver financial education solutions to members of the military and their families in libraries across the country. The National Foundation …
Synchrony Financial has committed a $4 million grant to the National Foundation for Credit Counseling® (NFCC®) in support of the next phase of the Sharpen Your Financial Focus™ (Sharpen) initiative. The Sharpen program allows consumers to identify their most pressing financial issue, and then helps them select appropriate solution options through education and counseling. The …
National Foundation for Credit Counseling Parents who wait until the last minute to buy school supplies can run into some serious credit card debt if they aren’t careful. Washington, DC (PRWEB) August 12, 2015 Based on the results of a July National Foundation for Credit Counseling® (NFCC®) Financial Literacy Online poll, the calendar doesn’t have …
National Foundation for Credit Counseling (NFCC) While using cash or a debit card is a great way to avoid going into debt, there are some additional considerations that should be made before making them the only options for travel. Washington, DC (PRWEB) July 30, 2015 The June online poll conducted by the National Foundation for …
Washington, DC (PRWEB) July 02, 2015 Active members of the military, veterans, and their families are routinely facing complex challenges in their daily lives. Thankfully, there is a growing awareness of the benefit that support networks can play in helping our heroes tackle serious medical, logistical and transitional issues. Among the matters that weigh heavy …
The National Foundation for Credit Counseling© (NFCC©) offers tips to help ease the financial pinch of seasonal energy consumption. Washington, DC (PRWEB) June 26, 2015 Sizzling heat and freezing temperatures can take a sizable chunk out of household budgets throughout the year, making seasonal extremes seem even more miserable. The Energy Information Administration (EIA), in …