NFCC Personal Finance Survey
The NFCC has compiled several financial tools to help you better manage your money. These tools include calculators, a budget worksheet, consumer tips, and videos. Select from below.
Get free and affordable help from an NFCC Certified Consumer Credit Counselor who will assist you in determining the best options to meet your individual needs. NFCC Certified Consumer Credit Counselors will advise you on managing your money, offer solutions to your current financial problems, and develop a personalized plan to help prevent future difficulties.
For most individuals, whether they should file for bankruptcy is one of the most serious financial decisions they can make. Consequently, that decision should be made only after knowing what the bankruptcy process entails, the consequences of filing for bankruptcy, and the available alternatives to filing for bankruptcy. The pre-filing counseling session will enable consumers to fully understand the potential advantages, disadvantages of, and alternatives to, declaring bankruptcy before taking action.
For many, owning a home is the American dream. If homeownership is your dream too it can be a reality, but not without realistic goals, sound advice, careful planning, and a clear understanding of the costs involved.
While many seniors would prefer to stay in their homes, they too often find it hard to cover everyday expenses, especially when those costs include some kind of medical condition. For some, using home equity to pay for these and other expenses is a viable option. In the current environment, reverse mortgages are also increasingly being used as a way for seniors to refinance their homes and avoid foreclosure.
While federal student aid allows Americans to pursue higher education and further their professional and social lives, millions are struggling with student loan debt. A close examination of the marketplace reveals that many borrowers are struggling to repay their debt, with potentially disastrous consequences for themselves. The average amount of debt that students carry at graduation is now just over $27,000.
If you have severe debt you may be eligible to enroll in a Debt Management Plan (DMP). A DMP is a systematic way to pay down your outstanding debt through monthly deposits made to your credit counseling agency which will then distribute these funds to your creditors. By participating in this program you may benefit from reduced or waived finance charges, and fewer collection calls. When you have completed your payments NFCC member agencies will help you reestablish credit.
Managing credit is a challenge that we all face. No matter what level of income you earn, handling credit is a necessary skill. Anyone who has ever been denied credit understands how the lack of credit affects financial options and everyday life. Your credit report and credit score can affect your ability to purchase a home, rent an apartment, buy or lease a vehicle, find good insurance rates, or even acquire a new job. The first step to stabilize your credit is reviewing your credit report.
The NFCC and its member agencies have developed and delivered financial education programs to millions of consumers for more than 60 years. Whether you decide to participate in financial education sessions with NFCC Educators, or schedule an individual appointment with an NFCC Certified Consumer Credit Counselor, you can learn the skills to gain control of your financial future.