Sentences with phrase «as nonprofit credit counseling»

Most consumer credit counselors work for financial institutions such as banks and credit unions as well as nonprofit credit counseling services.

Not exact matches

National sources such as Nick Bourke, director of small - dollar - loans project at the Pew Charitable Trusts; Lauren Saunders, associate director at the National Consumer Law Center; and Bruce McClary, executive director of the nonprofit National Foundation for Credit Counseling are good sources for this story.

Nonprofit credit counseling services are available, usually without fees, to counsel you as to credit management and / or consolidation.

As a nonprofit organization devoted to helping people learn how to become debt free, we're able to offer free credit counseling and low - cost debt management services for consumers nationwide.

A great alternative to these for - profit agencies is the services of a nonprofit debt management firm such as American Consumer Credit Counseling (ACCC).

(1) Before executing a contract or agreement with or receiving money or other valuable consideration from a buyer, a credit services organization shall provide the buyer with a written statement containing: (a) A complete and detailed description of the services to be performed by the credit services organization for the buyer and the total cost of the services; (b) A statement explaining the buyer's right to proceed against the surety bond or surety account required by section 45 - 805; (c) The name and address of the surety company that issued the bond or the name and address of the depository and the trustee and the account number of the surety account; (d) A complete and accurate statement of the buyer's right to review any file on the buyer maintained by a consumer reporting agency as provided by the Fair Credit Reporting Act, 15 U.S.C. 1681 et seq.; (e) A statement that the buyer's file is available for review at no charge on request made to the consumer reporting agency within thirty days after the date of receipt of notice that credit has been denied and that the buyer's file is available for a minimal charge at any other time; (f) A complete and accurate statement of the buyer's right to dispute directly with the consumer reporting agency the completeness or accuracy of any item contained in a file on the buyer maintained by the consumer reporting agency; (g) A statement that accurate information can not be permanently removed from the files of a consumer reporting agency; (h) A complete and accurate statement of when consumer information becomes obsolete and of when consumer reporting agencies are prevented from issuing reports containing obsolete information; and (i) A complete and accurate statement of the availability of nonprofit credit counseling sercredit services organization shall provide the buyer with a written statement containing: (a) A complete and detailed description of the services to be performed by the credit services organization for the buyer and the total cost of the services; (b) A statement explaining the buyer's right to proceed against the surety bond or surety account required by section 45 - 805; (c) The name and address of the surety company that issued the bond or the name and address of the depository and the trustee and the account number of the surety account; (d) A complete and accurate statement of the buyer's right to review any file on the buyer maintained by a consumer reporting agency as provided by the Fair Credit Reporting Act, 15 U.S.C. 1681 et seq.; (e) A statement that the buyer's file is available for review at no charge on request made to the consumer reporting agency within thirty days after the date of receipt of notice that credit has been denied and that the buyer's file is available for a minimal charge at any other time; (f) A complete and accurate statement of the buyer's right to dispute directly with the consumer reporting agency the completeness or accuracy of any item contained in a file on the buyer maintained by the consumer reporting agency; (g) A statement that accurate information can not be permanently removed from the files of a consumer reporting agency; (h) A complete and accurate statement of when consumer information becomes obsolete and of when consumer reporting agencies are prevented from issuing reports containing obsolete information; and (i) A complete and accurate statement of the availability of nonprofit credit counseling sercredit services organization for the buyer and the total cost of the services; (b) A statement explaining the buyer's right to proceed against the surety bond or surety account required by section 45 - 805; (c) The name and address of the surety company that issued the bond or the name and address of the depository and the trustee and the account number of the surety account; (d) A complete and accurate statement of the buyer's right to review any file on the buyer maintained by a consumer reporting agency as provided by the Fair Credit Reporting Act, 15 U.S.C. 1681 et seq.; (e) A statement that the buyer's file is available for review at no charge on request made to the consumer reporting agency within thirty days after the date of receipt of notice that credit has been denied and that the buyer's file is available for a minimal charge at any other time; (f) A complete and accurate statement of the buyer's right to dispute directly with the consumer reporting agency the completeness or accuracy of any item contained in a file on the buyer maintained by the consumer reporting agency; (g) A statement that accurate information can not be permanently removed from the files of a consumer reporting agency; (h) A complete and accurate statement of when consumer information becomes obsolete and of when consumer reporting agencies are prevented from issuing reports containing obsolete information; and (i) A complete and accurate statement of the availability of nonprofit credit counseling serCredit Reporting Act, 15 U.S.C. 1681 et seq.; (e) A statement that the buyer's file is available for review at no charge on request made to the consumer reporting agency within thirty days after the date of receipt of notice that credit has been denied and that the buyer's file is available for a minimal charge at any other time; (f) A complete and accurate statement of the buyer's right to dispute directly with the consumer reporting agency the completeness or accuracy of any item contained in a file on the buyer maintained by the consumer reporting agency; (g) A statement that accurate information can not be permanently removed from the files of a consumer reporting agency; (h) A complete and accurate statement of when consumer information becomes obsolete and of when consumer reporting agencies are prevented from issuing reports containing obsolete information; and (i) A complete and accurate statement of the availability of nonprofit credit counseling sercredit has been denied and that the buyer's file is available for a minimal charge at any other time; (f) A complete and accurate statement of the buyer's right to dispute directly with the consumer reporting agency the completeness or accuracy of any item contained in a file on the buyer maintained by the consumer reporting agency; (g) A statement that accurate information can not be permanently removed from the files of a consumer reporting agency; (h) A complete and accurate statement of when consumer information becomes obsolete and of when consumer reporting agencies are prevented from issuing reports containing obsolete information; and (i) A complete and accurate statement of the availability of nonprofit credit counseling sercredit counseling services.

As a nonprofit organization, our certified debt specialists provide free credit counseling and low - cost debt management services for dealing with credit card debt.

As a nonprofit organization, we provide free credit counseling and educational materials to help individuals and families pay off their debts — including student loans.

You can find more information about credit counseling agencies as well as find nonprofit agencies through the Consumer Financial Protection Bureau.

Moreover, in this line of cases, there already had been a decision that adopts a two - part test for bona fide tax - exempt nonprofit credit counseling agencies, requiring such agencies to: (1) be recognized by the IRS as being exempt from federal income taxation under section 501 (c)(3) of the Internal Revenue Code; and (2) actually operate as a bona fide nonprofit organization.

The ruling heightens the risk, particularly for credit counseling agencies doing business in the First Circuit (encompassing Maine, Massachusetts, New Hampshire, Puerto Rico, and Rhode Island), that their activities, especially their DMPs and less - than - full balance repayment programs, may trigger coverage under CROA and give rise to class action litigation, forcing them — at great expense — to prove that they are actually operating as bona fide nonprofit organizations (in order to be exempt from CROA, particularly for what has transpired in the past), or, alternatively, to comply with CROA's requirements prospectively.

As you look for companies to help you find credit debt relief, consider the nonprofit services available from American Consumer Credit Counseling (credit debt relief, consider the nonprofit services available from American Consumer Credit Counseling (Credit Counseling (ACCC).

Mike Sullivan, a personal finance consultant with Take Charge America, a national nonprofit credit counseling agency, says this scenario is often referred to as «rolling lates.»

Finding reputable nonprofit credit counseling agencies is as simple as utilizing online resources such as the Department of Treasury website and the Association of Independent Consumer Credit Counseling Agecredit counseling agencies is as simple as utilizing online resources such as the Department of Treasury website and the Association of Independent Consumer Credit Counselingcounseling agencies is as simple as utilizing online resources such as the Department of Treasury website and the Association of Independent Consumer Credit Counseling AgeCredit CounselingCounseling Agencies.

As a nonprofit organization dedicated to helping people get out of debt, we provide free credit counseling and educational materials to help you better understand your options.

«Keep credit card balances as low as you possibly can,» said Michael McAuliffe, president of nonprofit credit counseling agency Family Credit Managcredit card balances as low as you possibly can,» said Michael McAuliffe, president of nonprofit credit counseling agency Family Credit Managcredit counseling agency Family Credit ManagCredit Management.

This is why nonprofit counseling has become so popular over the last decade, as many people try to re-establish their credit and pay what they owe.

In addition, «simply being financially overextended» could classify you as experiencing hardship, says Thomas Nitzsche, credit educator with Clearpoint, a nonprofit agency that provides credit counseling.

If you have debt problems, it's better to contact a nonprofit credit counseling agency and seek advice for pursuing other options, such as debt management.

Salaries of CEOs at nonprofit credit counseling agencies — As industry shrinks, executives pull in six - and seven - figure paychecks... (See CEO pay)

As a nonprofit agency, we provide free credit counseling and our fees are among the lowest in the industry.

As you know, the FTC does not have oversight of any nonprofit, tax - exempt credit counseling or debt relief agencies.