It is important to use credit wisely.
"If you do get in over your head, know that you are not alone. There is some good news: Millions of Americans have had similar problems, but have learned how to face debt problems, and overcome them!"
If you do get in over your head, know that you are not alone. There is some good news: Millions of Americans have had similar problems, but have learned how to face debt problems, and overcome them! There are many non-profit organizations that can help you. Be careful, however, because many of these organizations will, through a third party affiliation, charge you for debt-education or debt-elimination materials or programs.
Have you fallen into the credit card debt
trap and need help: Go to www.DebtReliefCenter.org
Founded in 1951, the National Foundation for Credit Counseling (NFCC) is the nation's largest and longest serving national non-profit credit counseling network - with more than 150 member agencies and more than 1,300 offices in communities throughout the country. Through its member agencies and community offices, this organization assists approximately 1.5 million individuals each year.
If you are having problems with credit, money management, or debt management, a Consumer Credit Counseling Service (CCCS), a member of the National Foundation for Credit Counseling (NFCC) can help evaluate your situation and assist you. This organization works with individuals through one-on-one counseling, or groups through credit, debt, and financial education workshops.
Consumer Credit Counseling Service can assist you with:
CCCS can help you learn how to manage your money and plan for your financial future. Certified counselors will look at your situation carefully and work with you on a confidential basis to design a personal budget and set defined goals for paying off your debts and planning for future needs.
CCCS can help you become debt-free with its Debt Management Program. Certified Credit Counselors can help you negotiate with creditors to reduce or eliminate interest charges and help you create a voluntary repayment plan that helps get rid of your debt. This program is funded largely through "fair share contributions" from participating creditors in the Debt Management Program - with creditors receiving 100% of the amount you pay to them. The average Debt Management Program client is able to successfully pay off all debts in approximately 48 months.
Money Management Education
The Consumer Credit Counseling Service also provides a variety of individual and group educational services for basic budgeting, credit characteristics, credit reporting, credit scoring, credit card debt, building wealth, financial fitness for life, and identity theft.
Contact the National Foundation for Credit Counseling (NFCC) or the Consumer Credit Counseling Service (CCCS).
To schedule an appointment, or for more information regarding the credit, debt, and money management services provided by the CCCS through the National Foundation for Credit Counseling, you may call 1-800-355-2227. Spanish speakers may call 1(800) 682-9832. You may receive more information through the NFCC website at www.nfcc.org