Debt Relief Companies Under Fire
The Federal Trade Commission is proposing stricter rules for debt relief agencies by requiring them to disclose, in greater detail, how their programs work as well as limiting up-front fees. Debt settlement, a predatory debt relief option, entails deliberately failing to pay creditors until an agreement is reached to pay only a portion of the [...]
National Foundation for Credit Counseling
The National Foundation for Credit Counseling (NFCC) accredits debt counseling agencies with high standards, high ethics, certified counselors, and policies that help consumers achieve financial stability. Consumers with difficult credit issues will find low-cost assistance. The NFCC includes over 100 member agencies and 900 offices across the nation. Most NFCC member agencies are considered Consumer [...]
