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 [...]

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, [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Making the Difference Awards Bestowed on National Leaders Making a difference is the definition of a life well-lived, and the NFCC is proud to recognize four people who have done exactly that. The NFCC’s Making the Difference Awards honor individuals who have made a significant contribution to assisting consumers with financial literacy, awareness and education. At [...]