Consolidated Credit Counseling Sponsors AOL(r) Latino’s Dinero y Exito Channel To Offer Money and Financial Advice

Demonstrating a shared commitment to the Hispanic community and to financial education, Consolidated Credit, a nonprofit financial education organization will sponsor AOL(r) Latino’s Dinero y Exito Channel to provide members of the leading and only bilingual Hispanic Internet service with personal finance content and guidance.

Ft. Lauderdale, FL (PRWEB) October 3, 2005

Under the Dinero Y Exito Channel, Consolidated Credit will sponsor an exclusively created content area called Credito y Deudas which focuses on everything from practical money matters such as budgeting and creating an emergency fund to higher-level topics such as investing, retirement funds, and home-ownership. The content will also cover issues relating to understanding how to use credit in a new country.

“Most countries have an entirely different credit system than the US and when people move here they can get into trouble quickly because they simply do not understand the process and the inner-workings,” says Howard S. Dvorkin, founder of Consolidated Credit Counseling Services, Inc. and author of Credit Hell: How to Dig Out of Debt.

A recent study by Demos, a think tank in New York, showed that Hispanic credit card users are more likely to carry a monthly balance than the general population [non-Hispanic whites]. The hope of this collaboration is to support Hispanics by giving them a trusted source for financial education and information.

“We are thrilled that Consolidated Credit has developed this exclusive sponsorship with us in order to empower the Hispanic community with information about important financial decisions they will need to make while living in this country,” said Mark Lopez, Publisher of AOL Latino.

The Credito y Deudas area will also encompass programs including counseling services, publications, online credit courses, and targeted outreach efforts designed to help the Hispanic community with credit, and other personal finance topics.

About AOL(r) Latino

AOL Latino, the only bilingual Internet service provider for U.S. Hispanics, offers comprehensive Spanish product features such as toolbar, menus, Parental Controls, and Homework Help. AOL Latino also provides Spanish language content including U.S. and Latin American news, financial tools, the latest in music, entertainment, personal finance, sports, fashion and beauty, as well as access to all the existing content available on the English language AOL service for no extra cost.

About Consolidated Credit Counseling Services, Inc.

Headquartered in Ft. Lauderdale, Florida, the mission of Consolidated Credit Counseling Services, Inc. is to assist families throughout the United States in ending financial crisis, and solving money management problems through education and professional counseling. The firm is a nationally recognized, federally approved, non-profit, tax exempt organization. It is a member of the Better Business Bureau, the United States Chamber of Commerce, the Greater Fort Lauderdale Chamber of Commerce, the Association of Independent Consumer Credit Counseling Agencies, Bankcard Holders of America, and the International Credit Association. For more information, please visit http://www.consolidatedcredit.org/.

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