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NFCC® Announces Participation in CFPB Financial Education Exchange

By Guest Blogger | Tuesday May 12th, 2015

McClearyBy Bruce McClary

Financial educators and consumers share many of the same goals in the ever changing world of personal finance, including the need to stay up-to-date with the latest information and resources. The NFCC is pleased to announce participation in the Consumer Financial Protection Bureau’s new Financial Education Exchange (CFPB FinEx) unveiled today.

“Financial educators rely on quality training and resources to help them serve consumers,” said NFCC president and CEO Susan C. Keating. “We are pleased to be a part of this service made available by the Consumer Financial Protection Bureau, and are grateful for their support of consumers and financial educators.”

Results of NFCC initiatives like Sharpen Your Financial Focus have confirmed that consumers often struggle with multiple forms of financial distress including credit card debt, student loan repayment, and housing. NFCC member agencies provide essential counseling services that take a holistic approach toward resolution of these complex issues, and serve as a bridge to other reputable resources when necessary.

While the NFCC will be making all of the CFPB FinEx resources available to counselors throughout the network of more than 600 community-based offices nationwide, they will also provide feedback to the CFPB as a part of the ongoing process that will help maintain the highest quality support while ensuring that the financial educator training and toolkits are current.

To find out more about financial education provided by the NFCC and member agencies, visit www.nfcc.org or call toll-free 800-388-2227. To learn about CFPB FinEx, visit http://www.consumerfinance.gov/adult-financial-education.

Bruce McClary is Vice President of Public Relations & External Affairs with the National Foundation for Credit Counseling.

Views expressed are the personal views of the author, and do not represent the views of the National Foundation for Credit Counseling, its employees, its members, or its clients.

 

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