Marmora, NJ (PRWEB) December 05, 2011
The current recession continues to take its toll on consumers. Unemployment and home foreclosures remain near record levels. Homeowners need to know they have a place to turn for unbiased financial education.
As a kick off to its Fall Conference, the Association of Credit Counseling Professionals (ACCPros) hosted Atlanta Habitat for Humanity homeowners for Financial Wellness Day. Credit counseling professionals, presented sessions on the following topics:
- How to stay on budget when times get tough
- How to use credit wisely
- How to recognize the signs of predatory lending
- How to understand debt management plans
Potential Habitat for Humanity homeowners go through a thorough application process. They must have good credit histories. They need to have a savings account. And once homeowners, they must take financial education classes; some classes are mandatory, some are elective. Events such as Financial Wellness Day provide a great opportunity for homeowners to hear from subject matter experts on topics that are timely; topics they can relate to.
These events also give attendees the chance to ask questions of subject matter experts, individuals who are at ground zero of this financial crisis helping families keep their homes, meet their financial obligations and keep food on their tables. ACCPros members can help consumers understand the value of a budget; how to make wise choices in how they spend their hard earned dollars. ACCPros members can help consumers understand when to use credit and what steps to take to ensure credit doesn’t get abused and that they don’t get abused by predatory lenders. And when all that fails, how to know if a debt management plan (a plan designed specifically for each consumer to repay his/her debts) is the appropriate action to take.
“ACCPros is all about working together for the common good while motivating and inspiring others to do more – and that is truly education at its best.”