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The National Foundation for Credit Counseling is the largest and longest-running national non-profit credit counseling network with nearly 850 offices around the country. Credit counseling is a service provided by its members, most of them known as consumer credit counseling services. Founded in 1951, services provided by their accredited members are either free or low cost. You can find a member local to you by calling their toll free number 1-800-388-2227 or by visiting their web site (see the related links below). Their web site is also available in Spanish. You will find information on why and how you should manage your credit. There are many free tools that can help you do it easily and successfully, including calculators to figure out how long it will take you to pay off your debt. There is a printable budget worksheet that can help you plan your budget. Consumer alerts are available and organized by date and subject matter. Housing counseling on pre-purchase, foreclosure prevention and reverse mortgages is also found in its own section. There is a section with everything you will need to know about bankruptcy as well. When searching for credit counseling services look for one that is accredited with some national organization and noted that way on the home page of their website. Credit counselors get small fees from the credit card companies (or other agencies) they negotiate with on your behalf. You should look for assurances that all the money you are paying goes completely to your creditors. If the agency you are working with charges you a fee it should be stated as such and paid separately. There are questions you should ask that any legitimate business should be happy to answer... Are they non-profit? How do they get their funding? What fees do they charge and are those fees disclosed up front? If you are considering using a credit counselor, shop around and ask each agency all the questions necessary for you to be comfortable with them before you book an appointment.
In general it is usually best to avoid organizations that describe themselves as "credit repair" companies. They may claim they can fix your credit or get you qualified for a mortgage, loan or credit card. Even if the company really is legitimate, they can do nothing for you that you can not do for yourself. They will, however, charge you a hefty fee for their "help." They may say they can remove incorrect information from your credit report but under The Fair Credit Reporting Act, you can do that yourself. Directions for doing that will be found where you get your free credit report. These organizations will claim they can remove negative items from your credit report. They cannot. Negative (but correct) items can stay on your report for 7 - 10 years. Once you have your credit file you can challenge items that are outdated or incorrect yourself. If an item is removed because you challenge it and it turns out to be correct it will reappear between 30 to 60 days later. You may be able to negotiate with creditors to remove information from your credit file once you have paid an outstanding debt. You will be just as successful as anyone you might pay to do this for you.
What else can I help you with?
When was National Foundation for Credit Counseling created?
National Foundation for Credit Counseling was created in 1951-01.
What type of services does the National Foundation for Credit Counseling provide to their clients?
The National Foundation for Credit Counseling provides credit counseling, housing counseling, bankruptcy counseling and education, and financial education to their clients. They also have tools available to help consumers learn to budget, tips on how to save and resources to teach kids how to save.
Where can a person get advice on credit counseling?
There are a number of sites one can visit to get advice on credit counseling. One can find such advice at the 'National Foundation for Credit Counseling' or 'Better Business Bureau' who have a good advice on choosing a credit counseling agent.
What are the foundation of credits?
The National Foundation if Credit is responsible for helping consumers that seek credit counseling. The NCCC was established in 1951 and has 105 agencies throughout its company.
Where could one get free credit consolidation?
One can get free credit consolidation in many different places. Some companies that offer it are National Foundation for Credit Counseling and American Consumer Counseling.
What are foundations of credit?
The National Foundation if Credit is responsible for helping consumers that seek credit counseling. The NCCC was established in 1951 and has 105 agencies throughout its company.
What is CCCS?
CCCS refers to a consumer credit counseling service that provides credit counseling and other financial education to the communities it serves. A consumer credit counseling service is a nonprofit charity. Additionally, organizations that carry the CCCS name are members of the National Foundation for Consumer Credit (NFCC).
Which organisations offer consumer credit counselling services?
Some organizations that offer consumer credit counseling services include the Association of Independent Consumer Credit Counseling Agency and Consumer Credit Corporation. Another company in the same industry you may bee interested in is the National Foundation for Credit Counseling.
Where can one apply for a credit counselling service?
One would first have to locate a credit counseling service to apply to. The National Foundation for Credit Counseling has recommended providers on their website. A local bank or credit union may also be able to provide a reference for a credit counselor.
Where can one find debt management counseling?
Debt management counseling services are offered by many not-for-profits. For a listing or low or no cost debt management counseling contact the National Foundation for Credit Counseling or search its website for member organizations.
What is the budget of National Credit Union Foundation?
The budget of National Credit Union Foundation is 9,972,048 dollars.
Where can you get help with your debts?
There are many different websites that help counsel those that are overwelmed with debt. The National Foundation For Credit Counseling is just one of the many.
