Washington, DC (PRWEB) April 29, 2013
According to the National Foundation for Credit Counseling’s (NFCC) recent Financial Literacy Survey, many consumers have misperceptions about credit counseling agencies, causing confusion that is preventing them from reaching out for the help they need.
“When struggling with debt and other personal finance issues, consumers do themselves and their families a disservice by not seeking advice from a trusted professional nonprofit credit counseling agency,” said Gail Cunningham, spokesperson for the NFCC. “However, there can be major differences among agencies. NFCC Member Agencies are required to be accredited by an independent third party, and all counselors must become certified. Additionally, members must adhere to the NFCC’s stringent Member Quality Standards, thus setting members apart from others in the sector.”
The survey revealed the following examples of the confusion associated with credit counseling:
“When experiencing financial difficulties, it is important to recognize the problem, and then promptly contact a professional credit counseling agency.” continued Cunningham. “There is no benefit to delaying action. As a matter of fact, delay usually makes matters worse.”
To find reliable help with financial concerns, reach out to an NFCC Member Agency. Call (800) 388-2227 to be automatically connected to the agency closest to you, or go online to http://www.DebtAdvice.org. For assistance in Spanish dial (800) 682-9832.
The National Foundation for Credit Counseling (NFCC), founded in 1951, is the nation’s largest and longest serving national nonprofit credit 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 700 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. Visit us on Facebook: http://www.facebook.com/NFCCDebtAdvice, on Twitter: twitter.com/NFCCDebtAdvice, on YouTube: http://www.YouTube.com/NFCC09 and our blog: http://financialeducation.nfcc.org/.