Sentences with phrase «operate nonprofit credit counseling»

According to the Federal Trade Commission (FTC), «Many universities, military bases, credit unions, housing authorities, and branches of the U.S. Cooperative Extension Service operate nonprofit credit counseling programs.»

Many military bases, universities, housing authorities, credit unions and branches of the U.S. Cooperative Extension Service operate nonprofit credit counseling programs.

Many universities, military bases, credit unions, housing authorities, and branches of the U.S. Cooperative Extension Service operate nonprofit credit counseling programs.

Not exact matches

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.

Plenty of colleges, credit unions, government housing authorities, military bases, and branches of the United States Cooperative Extension Service operate credit counseling programs that are nonprofit.

Credit Counseling: Consumer Credit Counseling (CCC) companies are organizations that operate nonprofit financial counselingCounseling: Consumer Credit Counseling (CCC) companies are organizations that operate nonprofit financial counselingCounseling (CCC) companies are organizations that operate nonprofit financial counselingcounseling programs.