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Tag Archives: nfcc

NFCC Poll Reveals When Consumers Prefer to Shop for School Supplies


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 much of an influence on ... Read More »

    Poll Results Show Credit Cards Stay Home This Summer


    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 Credit Counseling® (NFCC®) reveals how ... Read More »

      Higher Credit Card Debt and Fewer Assets Are Among Challenges Faced By Military

      3D Press Release Crossword

      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 on service members and their ... Read More »

        NFCC© Helps Consumers Fight Rising Home Energy Costs

        3D Press Release Crossword

        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 a report released June 9, ... Read More »

          National Foundation for Credit Counseling Welcomes New Members


          Washington, DC (PRWEB) April 14, 2015 The National Foundation for Credit Counseling® (NFCC®) proudly announces the addition of two new members. NeighborWorks Umpqua and Take Charge America joined the NFCC during the first quarter of the year, bringing the total membership to 77 agencies with nearly 600 community-based locations across America. “We are pleased to welcome NeighborWorks Umpqua and Take ... Read More »

            National Foundation for Credit Counseling Gets a Load of Cash for Housing Assistance


            WASHINGTON, D.C. – March 18, 2015 – (RealEstateRama) — The National Foundation for Credit Counseling (NFCC) is pleased to announce that it has received a grant award totaling $2.3 million from NeighborWorks® America to support foreclosure prevention efforts through its Member Agencies. The NFCC grant is part of $44.8 million in federally appropriated funds awarded through NeighborWorks® America’s National Foreclosure ... Read More »

              Student Loan Debt Relief and Credit Counselors in 2015 and Beyond


              Legitimate Debt relief services are often boiled down to 3 categories, which include nonprofit credit counseling agencies, debt negotiators, and bankruptcy attorneys. I want to focus on the role of today’s credit counselors, and how they can fill a larger pair of shoes this year and beyond, with a keen focus on student debt. Student loan debt has rightly been ... Read More »

                Is Consumer Credit Counseling Becoming Less Relevant?


                I could not help but notice the number of new financial initiatives that seem to just disregard Consumer Credit Counseling as we know it with groups like the National Foundation for Consumer Credit. Could it be true that out in the wider world the NFCC and its members have just lost their luster? Here is what prompted my question over ... Read More »

                  Did the CFPB Just Totally Blow Off CCCS and NFCC?

                  Adult Ed - Questions

                  I could not help but notice an absence of some familiar faces in an announcement by the Consumer Financial Protection Bureau (“CFPB”) today on financial education. The CFPB announced an inspired national project to help those most in need to get more education about managing their finances. You would have expected the National Foundation for Credit Counseling to have been ... Read More »

                    Credit Counseling Services and the Bankruptcy Conundrum

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                    A press release out by Advantage Credit Counseling Service drew me to their site today. – Source. While there I came across a good example of the ethical conundrum facing nonprofit credit counselors today. Advance Credit Counseling Service is not alone in dealing with this problem. According to the Advantage Credit Counseling Service website they are a proud member of ... Read More »

                      NFCC Press Release Seems to Misrepresent Truth About Credit Counseling. But Why?


                      The National Foundation for Credit Counseling sent out a press release today claiming their survey uncovered public misconceptions about credit counseling agencies. The press release listed five areas the NFCC felt consumers struggled with in knowing the truth about credit counseling. But some of the points the NFCC felt they needed to clarify appear to actually misrepresent the truth to ... Read More »

                        Consumer Credit Counseling Pros and Cons. My Ultimate Guide to Understanding How Credit Counseling Really Works.


                        Consumer credit counseling is one of the options people turn to when dealing with debt issues so let’s take an honest look at the pros and cons of the program and what it has to offer. Consumer credit counseling in one form or another has been around as debt proraters, debt lumpers, or debt consolidators since the late 1930s. But ... Read More »

                          Consumer Credit Counseling Settles Debt on 50% of its Clients – 1968

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                          As a student of debt history I’m probably one of those odd geeks that spends time reading outdated and arcane material about consumer debt and debt relief activities. Recently I sat down and read a 1968 document put out by the NFCC. Today they are called the National Foundation for Credit Counseling but back then they were the National Foundation ... Read More »

                            Did the NFCC Client of the Year Really Do the Ethical Thing?

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                            The National Foundation for Credit Counseling Recently put out a press release celebrating their clients of the year who, in my opinion, should never have been put into a debt management plan to begin with. See NFCC Celebrates Utter Stupidity and Puts Older Dementia Patient in Debt Management Plan. My goodness, I hate to make this issue about Jim and ... Read More »

                              NFCC Celebrates Utter Stupidity and Puts Older Dementia Patient in Debt Management Plan

                              A press release out today by the National Foundation for Credit Counseling is downright ignorant, stupid, harmful and cruel. It’s hard to believe they feel this is something to be proud of. For the record, I’m not calling the consumer stupid. In this release the NFCC brags about Francine and Jim Bostick who at ages 57 and 68 had more ... Read More »

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