With the current economic conditions being what they are, consumers are finding themselves in increasingly challenging financial situations
Des Moines, IA (Vocus) June 30, 2010
Consumer Credit of America, a non-profit organization that offers consumer credit counseling along with a variety of debt consolidation and repayment plans, has launched a segment on their website named “Ask Mr. G™” - a forum in which visitors to the site can submit specific financial questions and have them answered by Mr. G - Jim Garnett, a financial counselor and author with over thirty years of experience. The ongoing segment is a part of the site’s online Education Library, where visitors can educate themselves on a variety of financial topics - from rebuilding their credit to getting through tough economic times. This segment of their website, believes Consumer Credit of America principles, will further their mission to provide consumers with solid financial information and steer them away from potentially fraudulent debt settlement services and costly debt consolidation loans.
“With the current economic conditions being what they are, consumers are finding themselves in increasingly challenging financial situations,” says Consumer Credit of America President, Thomas Coates. “They are buried in debt, facing limited options, and unsure of where to turn for solid information that can help them turn the tide. We offer that guidance through programs that people can trust. We are a non-profit organization and our only objective is to help people find their way through what can often be a financial maze. Ask Mr. G™ is an extension of this fundamental goal.”
“Ask Mr. G™” features a library of questions that have been submitted by consumers on topics that range from attitudes about money and savings to mortgages and credit cards. This portion of the website gives consumers an open forum to ask whatever they want and get an honest answer from a financial professional - or to browse other questions by other visitors that may be similar to their own. It is this service, says the company, that allows Consumer Credit of America to stand behind their philosophy of educating consumers to make good choices, especially when the economy has opened the market to companies with unscrupulous motives.
“What is most alarming to us as a company is the number of self-proclaimed debt settlement companies out there that are engaging in deceptive and downright fraudulent practices,” says Coates. “These debt settlement scams - which often include charging fees for services that are not performed - take advantage of people who are scared and desperate and leave consumers in an even worse financial position. This puts a cloud over our entire industry.; so, now, we are more invested than ever in letting consumers know that they have an honest, reputable company to turn to that will empower them with information and put them firmly back in control of their finances.”
In business since 1987, Consumer Credit of America is a nonprofit consumer credit counseling service that offers free, no obligation consultations, free, confidential credit counseling sessions, and alternatives to costly debt consolidation loans to help consumers become debt free.
To learn more about the services of Consumer Credit of America CLICK HERE
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