Go to Top

January 2011

The New Rules for Your Credit, Debit, ATM and Gift Cards

On May 22, 2009 President Obama signed the Credit Card Accountability, Responsibility, and Disclosure Act of 2009.  This new law, better known as the CARD Act, was implemented throughout 2009 and 2010.  The purpose of the Act, as is common of many laws, is to protect consumers from deceptive practices and actions of the credit card industry.  The purpose of this piece is to provide an overview of the CARD …Read More

Be a $uperhero! $ave Money! NFCC Announces Annual Poster Contest

Every young boy and girl wants to be a superhero, and the National Foundation for Credit Counseling (NFCC) is providing students with the opportunity to contemplate being a financial superhero and express it through art. In an effort to spread lessons in financial literacy to our nation’s youth, the NFCC is once again sponsoring the Be Money Wi$e National Financial Literacy Poster Contest for 2011. The contest is designed to …Read More

NFCC Marks 60th Anniversary

2011 marks the 60th anniversary of the National Foundation for Credit Counseling (NFCC), the largest and longest-serving network of nonprofit, community-based credit counseling agencies in the nation.  The NFCC is comprised of close to 100 Member Agencies representing more than 800 locations from coast-to-coast and Puerto Rico, with over 3,000 certified credit counselors, and in excess of 2,000 certified housing counselors.   Through one-on-one counseling sessions, the NFCC Member Agencies assist …Read More

Poll Finds Decreasing Debt #1 Financial New Year’s Resolution

 The December poll hosted on the National Foundation for Credit Counseling (NFCC) website, www.DebtAdvice.org, revealed that decreasing debt was consumers’ number one financial New Year’s Resolution. Sixty-nine percent of more than 3,200 respondents chose this goal over other worthwhile objectives such as increasing savings, improving their credit score or decreasing their dependence on credit cards.  The actual poll question and results are as follows:  My #1 New Year’s resolution for …Read More