On-line education through Pioneer Credit Counseling
Credit counseling is commonly a process that is used to help individual debtors with debt settlement through education, budgeting and the use of a variety of tools with the goal to reduce and ultimately eliminate debt. Credit counseling is most often done by Credit counseling agencies that are empowered by contract to act on behalf of the debtor to negotiate with creditors to resolve debt that is beyo…
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Where To Find the Best Free Online Therapy And Why It Matters
With nonprofit credit counseling from ACCC, you can:
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What Is Credit Counseling? Credit counseling provides consumers with guidance on consumer credit, money management, debt management, and budgeting. The goal of most credit counseling is to help a debtor avoid bankruptcy if they find themselves struggling with debt repayment.
What are the benefits to credit counseling?Obtain a copy of your credit scores and report.Aid in planning a budget for your finances.Offer free educational workshops and materials.Provide advice on managing debt and money.Help create a debt management plan that allows you to pay down your debts.
A credit advisor at American Consumer Credit Counseling (ACCC) provides guidance for clients facing financial hardships. This trained professional, an expert in money management, listens to you, assesses your financial situation, and suggests consumer debt solutions that best suit your unique needs.
If you identify an error on your credit report, you should start by disputing that information with the credit reporting company (Experian, Equifax, and/or Transunion). You should explain in writing what you think is wrong, why, and include copies of documents that support your dispute.
Consumer Credit Counseling Services (CCCS) are mostly non-profit organizations that offer free or low-cost counseling, education, and debt repayment services to individuals in danger of bankruptcy.
Counsellors will assess the current state of your finances and help find options for you, whether that's a credit card consolidation loan, a plan to manage debt, a consumer proposal or bankruptcy. They can also help with budgeting, spending habits and credit use.
Payment History Is the Most Important Factor of Your Credit Score. Payment history accounts for 35% of your FICO® Score. Four other factors that go into your credit score calculation make up the remaining 65%.
Credit management is the discipline of reviewing, analyzing and setting the terms of requests for credit for a business. In the world of business-to-business (B2B) commerce, sales of goods and services are commonly made on credit with payment to come sometime after delivery.
In Alabama and North Carolina, the bankruptcy administrator approves credit counseling and debtor education providers. Lists of approved providers for the six judicial districts in Alabama and North Carolina are maintained by the bankruptcy administrator for that district or bankruptcy court.
Credit counseling must take place before you file for bankruptcy; debtor education must take place after you file. Certificate of completion for both credit counseling and debtor education are required but before the filer’s debts can be discharged. Only credit counseling organizations and debtor education course providers ...
By law, the U.S. Trustee Program does not operate in Alabama and North Carolina; in these states, Bankruptcy Administrators approve pre-bankruptcy credit counseling organizations and pre-discharge debtor education course providers. The following is a list of Bankruptcy Administrator approved providers in Alabama and North Carolina.
When you sign up for online credit counseling certification, you’ll need to have the following information on-hand to complete the session: 1 Your monthly household income. 2 Your monthly household expenses. 3 Information about your assets – real-estate, vehicles (including recreational), savings, and retirement accounts . 4 A list of unsecured debt – what you owe on credit cards and personal loans. You won’t need account numbers – only the names of creditors and your current balance. 5 A list of secured debt – things like a mortgage or car loan where the loan is secured by property or possessions of some kind.
You can trust ACCC – we have a Better Business Bureau (BBB) rating of A+ and we have been in business since 1991.
ACCC has been providing consumers with credit counseling, housing counseling, bankruptcy counseling and a debt management service since 1991. As a nonprofit organization, we’re dedicated to helping individuals and families regain control of their financial lives and find the best, fastest path out of debt.
Our professionally trained and certified credit counselors provide credit counseling online, via phone and in person. Credit counseling online sessions at ACCC are always free. During this conversation, we’ll help you evaluate your finances, document your income and expenses, and provide you with a list of options personalized to your situation and financial goals. We’ll help you make a plan for getting out of debt and avoiding debt in the future, and we’ll be available to help you execute each step of the plan as you need it.
Becoming a Certified Credit Counselor signifies that you have achieved a standard of excellence in the credit and personal finance counseling industry. Upon completing this course and passing the final exam, you will receive an industry-recognized Credit Counseling Certification from the National Association of Certified Credit Counselors (NACCC).
Self-paced. Study on your own schedule
Yes, ed2go courses are completely online. However, keep in mind that not all certifying bodies or industry-specific certifications are recognized internationally. Please review your country's regulations prior to enrolling in courses that prepare for certification.
The counselors at DebtorCC that will be providing your bankruptcy credit counseling briefing are experienced and trained professionals that have received in-depth training in our program. They are skilled at helping you understand the materials presented and help you apply the new skills in your life. Each counselor has experience in accounting, financial planning, credit counseling, or personal financial management.
We will only provide a certificate of completion once the debtor has completed the online portion of the course and speaks to a counselor. A counselor will be available during normal business hours of Monday - Friday 9am to Midnight EST. The counselor will discuss: a. Analysis of current financial situation; b. Factors that caused such conditions; c. Assistance in developing a plan to respond to problems without incurring negative amortization of debt.
DebtorCC provides attorneys that opt-in to the attorney billing program a unique attorney billing code. The attorney billing code may be used on the website to pay for the course fee. If you have been provided an attorney billing code by your attorney and authorized to use it, you may only use the attorney billing code one time. You may not share or publish the attorney billing code. The attorney billing code only applies towards payment of the pre-filing bankruptcy credit counseling course fee. If you select any upgrades or choose to purchase any other products or services from DebtorCC, the attorney billing code may not be used towards the purchase.
This course is taken before you file for bankruptcy and the cost is $19.95 per household. If you need to register for the Second Bankruptcy Course, which is taken after you file for bankruptcy, please click here.
DebtorCC is approved to issue certificates evidencing completion of a pre-bankruptcy credit counseling course in compliance with the Bankruptcy Code. Approval does not endorse or assure the quality of a Provider's services.
No information gathered or the results of the Credit Counseling session will be disclosed to any Credit Reporting Agency. The completion of this credit counseling session will not negatively impact your credit rating. However your credit report or score may be negatively impacted by filing bankruptcy or choosing an alternative to bankruptcy that results in you making less than the contractual payments to your creditors. Such alternatives may include, but are not limited to, debt management, debt settlement, making partial payments of the amount due, or non-payment.
The Executive Office of the United States Trustee (“EOUST”) states that “sessions should last approximately 60 minutes .”.
During the credit counseling session, you'll speak with a credit counselor about your financial situation. Once done, they may recommend that you consider a repayment plan but oftentimes they'll simply provide you with the bankruptcy certificate to submit to the court along with your bankruptcy forms. The certificate is how you prove ...
You have 6 months to take the pre-filing course. Once your forms are filed with the bankruptcy court, you’ll want to get the second course done within 60 days of your meeting of creditors (or before the meeting, if you want). The courses are offered by nonprofit organizations that are pre-approved by the U.S. Trustee (or the bankruptcy administrator).
As a result, the debtor education requirement is a 2-hour course. When done, you'll receive a certificate of completion that you have to submit to the bankruptcy court.
Is credit counseling required for Chapter 7? Yes, individuals who file any type of bankruptcy (Chapter 7, Chapter 13, or Chapter 11) have to complete this requirement. The credit counseling requirements exist to make sure that everyone filing bankruptcy knows about all available debt relief options .
Of course, this instructional course is required even if the reason for your bankruptcy filing had nothing to do with your financial management skills.
But that’s only part of the process for getting a fresh start. You’ll also need to take two educational courses. One before and one after filing bankruptcy. This is required by the Bankruptcy Code . There is usually a small cost for this counseling service, but bankruptcy law requires that anyone who can't afford to pay the cost can apply for a fee waiver.
Credit counseling is a free service that helps you evaluate your finances and identify debt relief programs. InCharge’s certified credit counselors may help you enroll in a debt management program, lowering your interest rates and monthly payment. Start Credit Counseling.
Credit counseling is valuable at any decision-making stage of your financial life, but probably most valuable when you realize you can’t keep up with expenses and must find a way to reduce debt.
The COA determines the standards by which the credit counseling industry follows. Certified Counselors: Counselors should be certified, preferably by the National Foundation for Credit Counseling (NFCC).
A recent study on credit counseling by researchers at Ohio State University found that those who received counseling reduced credit card debt by nearly $6,000 in the first 18 months. That’s compared to a $3,600 reduction by those who did not receive counseling.
About 70% of the 12,000 participants said credit counseling improved their financial confidence. “People in a crisis situation are looking for partners they can trust and that’s what a good credit counseling agency should provide,” Rebecca Steele, CEO of the National Foundation for Credit Counseling (NFCC) said.
You use credit cards to pay everyday expenses like rent, utilities, food and gas because you don’t have enough cash in your wallet or money in your bank account to pay those expenses immediately.
Credit counseling does not have a direct impact your credit score, but if the advice provided helps pay down your debt with on-time payments, it can lead to an improved score. Recommendations – An action plan with recommended debt solutions, and alternatives available to you. The action plan is only a suggestion.
Your certificate will be available to download immediately upon completing the course and speaking to a credit counselor. We will provide the certificate for download in your account, email you a copy, and also send a copy to your attorney if you provided their email address. You may also request a physical copy of your certificate by mail.
The first bankruptcy course is also known as the pre-filing bankruptcy credit counseling, bankruptcy credit counseling, pre-bankruptcy credit counseling or credit counseling certification. The law requires that you must receive credit counseling within ...
Is this course a requirement for filing bankruptcy? Yes. The law requires that you must complete a pre-filing bankruptcy counseling course within the 180-day period before you file a bankruptcy case. This is a mandatory course.
The bankruptcy credit counseling course provided by DebtorCC.org is approved by the US Trustee. Is this bankruptcy course approved in Alabama and North Carolina? Yes . This course is approved in all districts of Alabama and North Carolina by the Bankruptcy Administrator.
DebtorCC.org is approved to provide bankruptcy credit counseling (first bankruptcy course) in all US states and territories. How long is the first bankruptcy course? The course is not timed. As long as you complete the course and speak to a credit counselor, you will be provided a certificate of completion.