NFCC® Announces Participation in CFPB Financial Education Exchange

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The National Foundation for Credit Counseling® is among the organizations selected to participate in a pilot financial education program with the Consumer Financial Protection Bureau.

National Foundation for Credit Counseling

NFCC member agencies provide essential counseling services that take a holistic approach toward resolution of complex financial issues, and serve as a bridge to other reputable resources when necessary.

Financial educators and consumers share many of the same goals in the ever changing world of personal finance, including the need to stay up-to-date with the latest information and resources. The National Foundation for Credit Counseling® (NFCC®) is pleased to announce participation in the Consumer Financial Protection Bureau’s new Financial Education Exchange (CFPB FinEx) unveiled today.

“Financial educators rely on quality training and resources to help them serve consumers,” said NFCC president and CEO Susan C. Keating. “We are pleased to be a part of this service made available by the Consumer Financial Protection Bureau, and are grateful for their support of consumers and financial educators.”

Results of NFCC initiatives like Sharpen Your Financial Focus have confirmed that consumers often struggle with multiple forms of financial distress including credit card debt, student loan repayment, and housing. NFCC member agencies provide essential counseling services that take a holistic approach toward resolution of these complex issues, and serve as a bridge to other reputable resources when necessary.

While the NFCC will be making all of the CFPB FinEx resources available to counselors throughout the network of more than 600 community-based offices nationwide, they will also provide feedback to the CFPB as a part of the ongoing process that will help maintain the highest quality support while ensuring that the financial educator training and toolkits are current.

To find out more about financial education provided by the NFCC and Member Agencies, visit http://www.nfcc.org or call toll-free 800-388-2227. To learn about CFPB FinEx, visit http://www.consumerfinance.gov/adult-financial-education.

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The National Foundation for Credit Counseling (NFCC), founded in 1951, is the nation’s largest and longest serving national nonprofit financial counseling organization. The NFCC’s mission is to promote the national agenda for financially responsible behavior, and build capacity for its members to deliver the highest-quality financial education and counseling services. NFCC Members annually help millions of consumers through more than 600 community-based offices nationwide. For free and affordable confidential advice through a reputable NFCC Member, call (800) 388-2227, (en Español (800) 682-9832) or visit http://www.nfcc.org.

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