Credit counseling

TurboFinance Publishes Informational Guide About Debt Relief

Retrieved on: 
Tuesday, March 9, 2021
Finance, Money, Debt, Economy, Debt consolidation, Debt settlement, Debt relief, Debt management plan, Credit counseling, Consumer debt, Bankruptcy, Financial health management

LOS ANGELES, March 9, 2021 /PRNewswire-PRWeb/ -- Professional debt consultants TurboFinance have released their informational guide for consumers looking to mitigate some of their personal debt with debt relief.

Key Points: 
  • LOS ANGELES, March 9, 2021 /PRNewswire-PRWeb/ -- Professional debt consultants TurboFinance have released their informational guide for consumers looking to mitigate some of their personal debt with debt relief.
  • Debt relief programs offer ways for individuals who are financially struggling to help manage some of their debt by arranging for more affordable payments and eventually eliminate their debt.
  • These five methods of debt relief are credit counseling, debt consolidation, debt management, debt settlement, and even bankruptcy.
  • Having worked with many of the best debt relief companies , TurboFinance has found two partners to be exceptional in their commitment to consumers and their results: ClearOne Advantage and American Debt Relief.

Bruce Sellery takes the helm of Credit Canada Debt Solutions as new CEO

Retrieved on: 
Friday, February 26, 2021
Personal finance, Credit counseling, Debt, United States bankruptcy law, DUCA Credit Union, Finance, Money

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Credit Canada, the countrys first and longest-standing credit counselling agency, has appointed well-known personal finance expert Bruce Sellery as its new CEO.

Key Points: 
  • TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Credit Canada, the countrys first and longest-standing credit counselling agency, has appointed well-known personal finance expert Bruce Sellery as its new CEO.
  • Under Bruces guidance, Credit Canada will continue to promote financial education for all Canadians.
  • I am excited to be joining such an amazing team of passionate and compassionate professionals at Credit Canada, said Bruce Sellery, CEO of Credit Canada.
  • Credit Canada is Canadas first and longest-standing credit counselling agency and a leader in financial wellness, helping Canadians successfully manage their debt since 1966.

Consolidated Credit Survey Reveals Which Americans are Financially Surviving the Pandemic

Retrieved on: 
Wednesday, January 6, 2021
Debt, Money, Finance, Economy, Credit card debt, Credit counseling, Debt management plan, Credit card, Credit

FORT LAUDERDALE, Fla., Jan. 6, 2021 /PRNewswire/ -- A new survey from Consolidated Credit , one of the nation's largest credit counseling agencies, polled two groups of Americans with one set of questions.

Key Points: 
  • FORT LAUDERDALE, Fla., Jan. 6, 2021 /PRNewswire/ -- A new survey from Consolidated Credit , one of the nation's largest credit counseling agencies, polled two groups of Americans with one set of questions.
  • While the survey of more than 1,000 American adults did not narrow down the reasons for these discrepancies, those reasons are obvious to Consolidated Credit president Gary Herman .
  • Consolidated Credit's New Year Money Tips:
    If you rung in the new year with credit card debt, consider credit counseling or a debt management program .
  • About: Consolidated Credit, a non-profit organization, has helped more than 10 million people overcome debt and financial challenges in 27 years.

NFCC Welcomes Cambridge Credit Counseling as Newest Member

Retrieved on: 
Monday, December 14, 2020
Economy of the United States, National Foundation for Credit Counseling, Personal finance, Personal development, Debt, Finance, Economy, Credit counseling, Reverse mortgage

WASHINGTON, Dec. 14, 2020 /PRNewswire-PRWeb/ -- The National Foundation for Credit Counseling (NFCC) proudly announces the addition of its newest member, Cambridge Credit Counseling.

Key Points: 
  • WASHINGTON, Dec. 14, 2020 /PRNewswire-PRWeb/ -- The National Foundation for Credit Counseling (NFCC) proudly announces the addition of its newest member, Cambridge Credit Counseling.
  • "We are pleased to welcome Cambridge Credit Counseling as the newest member of the NFCC," said Rebecca Steele, president and CEO of the NFCC.
  • Consumers can find help through a range of credit counseling, housing counseling, reverse mortgage counseling, and bankruptcy counseling services.
  • Cambridge Credit Counseling is a nonprofit credit counseling 501(c)(3) organization offering credit counseling, housing counseling, reverse mortgage counseling, and bankruptcy counseling services.

One-in-four Canadians can’t afford Christmas/holiday season this year

Retrieved on: 
Tuesday, November 17, 2020
Money, Finance, Personal finance, Debt, Loans, Mortgage loan, Credit counseling, Economy

The Reality Check Index, an Angus Reid study of 1,500 Canadians, reveals that one-in-four Canadians (24%) from coast-to-coast will have to forego holiday celebrations in a year where people have already been hard hit by the pandemic.

Key Points: 
  • The Reality Check Index, an Angus Reid study of 1,500 Canadians, reveals that one-in-four Canadians (24%) from coast-to-coast will have to forego holiday celebrations in a year where people have already been hard hit by the pandemic.
  • One-in-10 respondents are not confident they will be able to pay household bills, rent/mortgage over the next six months.
  • Nevertheless, we hope that as the economy continues to recover, Canadians confidence in their finances will also rebound.
  • Credit Canada is Canadas first and longest-standing credit counselling agency and a leader in financial wellness, helping Canadians successfully manage their debt since 1966.

Credit Counselling Canada releases Bill of Rights for Canadians in Debt

Retrieved on: 
Monday, November 9, 2020
Debt, Credit counseling, Personal finance, United States bankruptcy law, Articles

Credit Counselling Canada is working with Prosper Canada, a national charity dedicated to expanding economic opportunity for Canadians living in poverty through program and policy innovation.

Key Points: 
  • Credit Counselling Canada is working with Prosper Canada, a national charity dedicated to expanding economic opportunity for Canadians living in poverty through program and policy innovation.
  • In a recent Credit Counselling Canada survey, Canadians revealed the issues they face when seeking debt assistance.
  • The Bill of Rights for Canadians in Debt outlines the freedoms and guarantees all Canadians should expect when seeking credit counselling.
  • Credit Counselling Canada is the national association of non-profit credit counselling agencies that work provincially, regionally and locally throughout Canada.

Two-in-five Canadians have no plan for when financial supports run out

Retrieved on: 
Wednesday, October 28, 2020
Debt, Finance, Money, Liability financial accounting), Credit counseling, Insolvency, Bankruptcy, Deferral

Overall, one-in-four Canadians (24%) have used income supports (government assistance, CERB, EI, etc.)

Key Points: 
  • Overall, one-in-four Canadians (24%) have used income supports (government assistance, CERB, EI, etc.)
  • Also encouraging is that half(49%) of those receiving income supports or using payment deferrals are confident theyll no longer need financial assistance at all once these supports have ended.
  • Strikingly, only two per cent of those receiving financial supports will seek professional help (bankruptcy/insolvency, credit counselling, etc.
  • Credit Canada is Canadas first and longest-standing credit counselling agency and a leader in financial wellness, helping Canadians successfully manage their debt since 1966.

Take Charge America Offering Free One-On-One Housing Counseling During October

Retrieved on: 
Monday, September 21, 2020
Construction & Property, Women, Finance, Consulting, Banking, MEN, Professional services, Family, Consumer, Residential Building & Real Estate, Personal finance, Debt, Personal development, Finance, Money, Mortgage, Credit counseling, United States bankruptcy law, Foreclosure, Debt management plan, National Foundation for Credit Counseling

In response to ongoing economic impacts of COVID-19, Phoenix-based Take Charge America has made its one-on-one housing counseling services free through the end of October.

Key Points: 
  • In response to ongoing economic impacts of COVID-19, Phoenix-based Take Charge America has made its one-on-one housing counseling services free through the end of October.
  • Whether facing eviction, shopping for a home in a tight market or experiencing anxiety about foreclosure or mortgage default, people are experiencing a wide range of struggles related to housing because of the pandemic, said Jeremy Wine, manager of housing counseling services for Take Charge America.
  • The HUD-approved, nonprofit credit and housing counseling agency offers three types of housing counseling services:
    For individuals ready to buy a home or exploring their options, pre-purchase counseling will help determine what type of housing suits their needs, discuss budgeting for house-related expenses and the logistics of the home buying process.
  • Founded in 1987, Take Charge America, Inc. is a nonprofit agency offering financial education and counseling services including credit counseling, debt management, student loan counseling, housing counseling and bankruptcy counseling.

Debt rock bottom: Four-in-10 Canadians don’t know where to turn for help

Retrieved on: 
Tuesday, September 15, 2020
Debt, Personal finance, Credit counseling, United States bankruptcy law

The study reveals that while Canadians can identify and agree on the warning signs of debt rock bottom, nearly four-in-10 (37%) would have no idea where to turn when facing it themselves.

Key Points: 
  • The study reveals that while Canadians can identify and agree on the warning signs of debt rock bottom, nearly four-in-10 (37%) would have no idea where to turn when facing it themselves.
  • When asked to define at which point(s) a person has hit debt rock bottom, seven-in-10 respondents (71%) said its when theyre in a never-ending cycle of spending too much and incurring debt.
  • In fact, there is a non-profit network of free, unbiased debt counsellors across the country available to help.
  • There is overwhelming agreement that before hitting debt rock bottom, a series of warning signs may present themselves as a caution of further trouble.

Experiencing COVID-19 Related Financial Hardships?

Retrieved on: 
Monday, August 24, 2020
Money, Finance, Debt, Economy, Personal finance, Credit counseling, United States bankruptcy law, Credit card, Credit, Credit agreements in South Africa

Without relief through government aid, consumers are likely relying more and more on credit cards to help manage household expenses.

Key Points: 
  • Without relief through government aid, consumers are likely relying more and more on credit cards to help manage household expenses.
  • Let an FCAA member credit counseling agency be your first stop for unbiased, confidential advice regarding debt repayment.
  • Education based by mission, credit counseling agencies provide impartial information based upon a consumer's unique set of financial circumstances.
  • There is no "one shoe fits all" remedy for consumers experiencing financial hardship.