Go to Top


Researchers from The Ohio State University reveal the impact of credit counseling.

Since its launch in 2013, the Sharpen Your Financial Focus (Sharpen) initiative of the National Foundation for Credit Counseling (NFCC) has impacted the lives of more than 60,000 American consumers, helping them identify and resolve immediate financial concerns, gain a deeper understanding of financial literacy and debt management, and move toward long-term financial stability. To measure the extent of its impact, an independent, scientifically based evaluation was conducted by researchers at …Read More

False Perceptions of Credit Counseling Keep Consumers from Seeking Assistance

By Gail Cunningham The July poll hosted on the NFCC website revealed that consumers have false perceptions about credit counseling which keep them from obtaining the help they need. The majority of more than 2,000 poll respondents, 47 percent, indicated they are not reaching out for assistance with their financial concerns due to confusion regarding where to find substantive help.  Another 24 percent do not think they can afford the …Read More

Understanding the Importance of a Credit Report

By Gail Cunningham The Consumer Financial Protection Bureau (CFPB) recently announced that it would soon begin examining credit reporting agencies to confirm, among other things, that they are producing accurate credit reports and that consumers have ample ability to dispute errors on their reports. An accurate credit report is critical to a person’s financial future, and consumers need to be aware that the responsibility for reviewing their report lies with …Read More

NFCC Welcomes New Member
To Credit Counseling Network

By Gail Cunningham The NFCC is pleased to announce that American Financial Solutions (AFS) has joined the NFCC network of nonprofit credit counseling agencies.  “The NFCC is proud to welcome American Financial Solutions as our newest member,” said Susan C. Keating, president and CEO of the NFCC. “By enhancing the national footprint of our credit counseling network, consumers now have even more opportunities to take advantage of quality counseling and find …Read More

NFCC Adds New Member

Novadebt Credit Counseling Joins National Nonprofit Network The NFCC is proud to welcome Novadebt to the NFCC network of nonprofit credit counseling agencies.  “We are delighted to welcome Novadebt as the newest member of the NFCC,” said Susan C. Keating, president and CEO of the NFCC. “Novadebt has for years demonstrated its commitment to quality credit counseling and will be a strong asset to the NFCC.  Given the challenging financial circumstances …Read More

Wells Fargo Supports Non-Profit Foreclosure-Prevention Counseling Through NFCC Grant

The NFCC has received a grant of $250,000 from Wells Fargo & Company to support the delivery of foreclosure-prevention counseling. The NFCC appreciates Wells Fargo & Company for recognizing the continued need for nonprofit foreclosure-prevention counseling, and supporting it through this grant to the NFCC and its member agency network.  “Wells Fargo’s commitment to funding nonprofit credit counseling speaks volumes about their concern for the financial stability of today’s struggling homeowner,” …Read More

One In Four Americans Would Not Inform Spouse of Financial Difficulties

The NFCC’s September online poll revealed that 24% percent of more than 1,400 respondents would not tell their spouse if experiencing financial difficulties.  Reasons given for withholding the information included the fear that it would worry the spouse (9%); that the spouse is unaware of the debt (8%); that it would damage the relationship (7%).  “Even if well-intentioned, withholding financial information from a spouse is not a sign of a healthy …Read More

Financial Educator of the Year Named

Teaches Personal Finance to Thousands Each Year Providing financial education to Americans can be challenging.  Providing it to a group of people from a country where credit is scarcely used, banking accounts are rare, and most have never made a rent or house payment takes a special person.  That person is Sandy Joel, the NFCC 2011 Professional Achievement and Counseling Excellence (PACE) Educator of the Year. The Republic of the Marshall …Read More

Credit Counselor Honored For Outstanding Work

Outstanding Individual Counselor Named Consumers in Nevada would agree that their state could rival all others when it comes to economic setbacks.  While consumers are forced to face incredible challenges, helping them put the pieces of a broken financial life back together is a challenge Jill Perry with Consumer Credit Counseling Service of Southern Nevada and Utah willingly takes on. Of more than 3,000 NFCC counselors, only one is selected each …Read More

Michigan Couple Refuses To Walk Away From Debt Obligations

Repays $92,000 through Debt Management Plan Many people would walk away from $92,000 in credit card debt, but not Jerry and Sue Bailey, who were recently honored with the NFCC’s Professional Achievement and Counseling Excellence (PACE) Clients of the Year Award.  The Jackson, Michigan couple was committed to repaying their debt obligations in spite of having had bankruptcy recommended to them.  Searching for alternatives, their credit union suggested they reach …Read More