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Founded in 1951, the National Foundation for Credit Counseling is the largest serving nonprofit financial counseling organization. Find various topics in this blog, including personal finance, credit counseling, housing, budgeting and student loan help. Click here to speak with an NFCC-certified Consumer Credit Counselor.

The Benefits of Credit Counseling — Even When You Don’t Yet Need It

You may be familiar with credit counseling for bankruptcy or for help with debt management, but consumers in financial distress aren’t the only ones who may benefit from credit counseling. Nonprofit credit counseling agencies provide free or low-cost financial education services and counseling on a variety of topics. Those looking for financial guidance, especially those who don’t have the resources to work with a financial advisor, may find the help …Read More

Why it Matters if a Credit Counseling Agency is NFCC®Certified

As part of Financial Literacy Month, we are doing a series on what it means to be certified by the National Foundation for Credit Counseling, why it matters, and when you should seek credit counseling. The National Foundation for Credit Counseling® (NFCC®) was founding in 1951. It is the nation’s first and largest nonprofit dedicated to improving people’s financial wellbeing. Membership with the NFCC demonstrates a member’s commitment to provide a …Read More

8 Last-minute Tax filing tips

By Henry Ochoa Are you waiting till the last second to file your taxes for 2017? The Internal Revenue Service is expecting around 70 percent of tax filers to receive a tax refund this year. Read the last-minute tax filing tips below to ensure that your filings go as smooth as possible, even if you are stressing for more time before the tax filing deadline on Tuesday, April 17. Save …Read More

Simple Steps to Save Successfully During Military Saves Week 2017

By Tammy G. Bruzon, Military Saves Military Saves Week (February 27 – March 4, 2017) is an annual opportunity for individuals to assess their savings and take financial action. Each year, we encourage servicemembers and military families just like yours to set a goal, make a plan, and save automatically. This Military Saves Week, try these five simple steps to help yourself save automatically – and successfully: Assess Your Savings …Read More

2016 NFCC Brighter Financial Future Award Winner, Martha Souder

(Pictured Above: Helene Raynaud, President and CEO of Guidewell Financial Solutions, Martha Souder, Award Winner, and Susan Keating, CEO of the NFCC) Every year at the NFCC Connect Conference, we love to highlight the great work that our member agencies do to help their clients.  Many clients achieve financial freedom by paying off their debt in 36-60 months with a plan from their agency.  Each year, a client is chosen …Read More

Unique Financial Challenges of Military Spouses and Families

Financial Challenges A survey done for the National Foundation for Credit Counseling found that military families and veterans face several unique financial challenges. In 2015, the average military family had seven percent higher unsecured debt balances, about $11,000 less in tangible assets, and fifteen percent higher monthly debt-related expenses. People who are struggling to make ends meet often feel pressured to make quick financial decisions without taking time to consider …Read More

Planning for Successful Financial Resolutions in the New Year

  As 2016 winds to a close, you may be considering setting new goals or resolutions for the new year. Our friend, Mark Foster from CCOA Cares shares his tips for success as you set your financial resolutions for the new year. Set goals. The New Year is coming up fast and resolutions aren’t far behind. If you’re one of those who doesn’t like the word “resolutions” (thinking that they’re …Read More

5 Tips for Managing Credit Card Debt Before Considering Bankruptcy

Credit cards are exceptionally easy to break out and use for items that we want or need. Unfortunately, a little too easy. Many people are faced with credit card debt that seems insurmountable. Once the steep interest rates begin to grow, even responsible spenders may begin experiencing difficulty meeting even the minimum payment on time. According to Value Penguin, Americans 35 year’s old and younger lug around an average of $5,808 in credit …Read More