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NFCC Blog: Staying the Course

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.

Benefits of Buying a New vs. Used Car

At some point in their lives, a lot of Americans are faced with the decision of whether or not to buy a new car. It certainly has its benefits – no miles, brand-new upholstery, that sweet new car smell. However, is it worth it? There are plenty of benefits to purchasing a used car as well. It really depends on your situation and what you see as the best fit. …Read More

Prepared for the Ongoing Expenses that Come With Getting a Pet as a Gift?

By Bruce McClary There are all sorts of gifts that can leave a lasting impression. Your first bike, the nice sweater from your parents, a new set of golf clubs and the latest tech gadget are all examples of presents that remain etched in your memory. Pets can easily fit into that category as well, especially for one reason that might be surprising to some. While nearly everyone melts at …Read More

Last-minute Holiday Shopping Tips

We’ve all been there before. It’s just a few days before Christmas, possibly even already Christmas Eve, and you still have plenty of holiday shopping left to do. It could be that you just have to get a gift for your brother or sister, or that you’re flat out way behind and haven’t bought gifts for any of your friends and family. It’s not a great situation, but the world …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

4 Tips for Saving Money on Holiday Travel

By STEVE NITZ It’s already that time of year again. Thanksgiving and Black Friday are now in the past, and the weather is starting to turn colder and the snow will soon be on its way. The holiday season is here. With the holidays come a lot of shopping, eating and mingling with friends. For many Americans, it also involves plenty of travel. Unfortunately, travel can also mean dishing out …Read More

5 Money Saving Tips For Holiday Spending

Lauren Lovett, Credit Counselor and Grant Writer for Navicore Solutions There is a reason the holiday season is referred to as the most wonderful time of the year. Spending time with loved ones, attending holiday parties, eating delicious food – It truly is wonderful! Unfortunately, this time of year can also bring on stress that inhibits many from enjoying the pleasures of the season. Much of that stress is often …Read More

Graduating This Year? Now’s the Time to Take Control of Your Financial Health

By Bruce McClary The average 2016 graduate has more than $37,000 in student debt- up 6% from last year and levels of delinquencies and defaults are alarming. For many borrowers, managing student loan repayment is one more financial burden they have to consider on top of housing costs, credit card payments, car loans and more. Many don’t know where to turn for help or are not paying attention to the …Read More

How to Mitigate Black Friday Spending

 By Steve Nitz It’s nearly that time of the year. The day after Thanksgiving, aka Black Friday. It’s a day a lot of people hate, but also an event numerous citizens of the United States fall in love with. Whether it’s heading to the store in the afternoon or going out at 6 a.m., shoppers love getting a good start on Christmas shopping and taking advantage of the best deals …Read More

Single Mom Tackles Over $80,000 of Debt with Credit Counseling Help

  By Mark Foster Carmen Harmon of Rogers, a single mom of three children who went through an emotionally difficult divorce that sent her finances into a downward spiral, was selected as the COA Debt Free Client of the Year. In the years following the divorce, she had accumulated $82,000 of credit card debt. She also bought a home, but was unable to sell her previous home, so she was …Read More