Credit Counseling Service Riverside Near Me

4worldlovers: CCCS stands for Consumer Credit Counseling Services. Consumer credit counseling service agencies are Internal Revenue Service 501(c)93) nonprofit organizations that will help you find a workable solution to financial problems. Each CCCS agency offers a common set of services, including financial education, budgeting assistance, and debt management plans.

Credit.org was founded as a nonprofit credit counseling agency under the umbrella of the National Foundation for Credit Counseling (NFCC). The company has now grown into a leading debt relief and financial education company. Today, with a goal of supplying Americans the help they need to solve their debt problems, credit.org continues to use well-trained, specialized coaches to help consumers answer credit questions and solve credit problems.

The NFCC was founded in 1951 to promote awareness of credit and financial literacy. This was in response to the widespread introduction of credit cards and the emergence of the credit card industry. The NFCC began offering nonprofit credit counseling as a new service for those obtaining their first credit card.

Individual CCCS offices soon opened around the country. Although the individual CCCS offices were independently operated, they were all under the umbrella organization and guidance of the NFCC.

While certain CCCS agencies remain under the membership of the NFCC, some have split from the NFCC and have forged their own path. These independently operated CCCS agencies are IRS 501(c)(3) nonprofit organizations.

In 1993, the Financial Counseling Association of America (FCAA) was founded as an alternative to the NFCC. The FCAA focuses on some of the newer technologies and allows counseling by phone and online. Consequently, credit counseling agencies can reach a wider geographical area. CCCS agencies may be a member of the NFCC or the FCAA but aren’t required to operate under either organization.

Credit.org is a 45 year non-profit credit counseling service agency under the NFCC. The organization is equipped with the tools to provide clients with the debt and credit services they need. Credit.org continues to maintain an A rating with the Better Business Bureau, a testament to their dedication to clients throughout the years.

If you need help to get out of debt fast or to improve your credit, get started for free with a credit coach today!

Credit.org partners with nonprofit credit counseling agencies to offer Debt Management Plans (DMPs). These plans consolidate a consumer’s unsecured credit and debt payments into one convenient monthly payment. Some of the advantages of having a Debt Management Plan include concessions from your creditors including a reduction in interest rates or elimination of late fees.