Advanta,
American Express,
American Express Australia,
American Express UK,
AMEX, Bank of Canada,
Bank of America,
BANKFIRST,
Capital One,
Chase,
Citibank,
Discover,
FIA Card Services N.A.,
First Bank of Delaware,
First National Bank of Omaha,
First PREMIER Bank,
First USA,
HSBC Bank Nevada N.A.,
Manufacturers and Traders Trust Company,
MetaBank,
New Millennium Bank,
Palm Desert National Bank,
Pulaski Bank,
U.S. Bank, Visa, Mastercard, Credit Cards
Did you know one of the most searched banks for credit cards in the world is chase.com and www.chase.com on google? We provide chase credit cards on our partner site and here on the finance network in our credit card search section. Our partner site "The Credit Search Engine" By using our major search engines to find out how everyone searches for not only credit cards, but the best cards and other financial search engines, we were sure to know how to grab your attention. By using our search bar above, we are sure you will be satisfied with the finance results we provide to you. We provide low interest credit cards, secured credit cards, the best credit cards and even the worst at your convenience. We also offer agency credit reporting to those who qualify, free credit reports, and information to some of the top finance business and corporations willing to help you rebuild your credit. Contact us today to find out more.
Credit counseling (known in the United Kingdom as debt counselling) is a process offering education to you about how to avoid incurring debts that cannot be repaid. This process is actually more debt counseling than a function of credit education.
Credit counseling often involves negotiating with creditors to establish a debt management plan (DMP) for a consumer.
The most comment benefit of a DMP as advertised by most agencies is the consolidation of multiple monthly payments into one monthly payment, which is usually less than the sum of the individual payments previously paid by the customer.
The second feature of a DMP is a reduction in interest rates charged by creditors.
A third benefit offered by credit counseling agencies is the process of bringing delinquent accounts current.
The first credit counseling agencies were created in 1951 in the United States when credit grantors created The National Foundation for Credit Counseling, or NFCC. Their objective was to promote financial literacy to help avoid bankruptcy.
In 1993, the “Association of Independent Consumer Credit Counseling Agencies,” or AICCCA, was founded, citing a need for “industry-wide standards of excellence and ethical conduct.” This formally organized the NFCC’s competition.
In 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 made credit counseling a requirement for consumer debtors filing for Bankruptcy in the United States. During the 180-day period preceding the filing of bankruptcy, the debtor must complete a program with an approved nonprofit budget and credit counseling agency.
Credit Counselling is also a growing industry in Europe, both for profit-making debt management companies and charities such as Christians Against Poverty.
