Howard Dvorkin, CPA, founder of Consolidated Credit Counseling Services, Inc.

Fort Lauderederdale, Fla (PRWEB) November 03, 2011

Obama revealed a new plan that would help millions of young populating struggling to make payments towards their student loan debt. The plan will speed up legislation passed by Congress last year and reduce the maximum needful monthly payment on student loans to 10 percent of discretional annual income, versus 15 percent originally required by law. In addition, student loan debt will be forgiven after 20 years instead of 25, for those make consist on time payments.

“We are urging people with student loans to use this opportunity as a means to jump start their financial situation. Start saving that 5 percent in a separate savings account or pay-off credit card debt that may have sky-rocket interest rates. This new measure may enable millions of Americans to get a hold of their personal finances and help them to get out the financial mess that many of them are in,” said Howard Dvorkin, CPA and founder the credit counseling agency Consolidated Credit Counseling Services, Inc.

Consolidated Credit experts advise people to consider the following strategies to make the most of the 5 percent savings:

Invest – Start investing 5 percent of monthly income in a 401K or a pension.

Pay-off high interest credit card debt first – For an individual who has a $ 1,000 credit card balance with a 14 percent interest rate who pays the minimum amount due each month ($ 22.00), it would take over 64 months to pay off and the creditor will make over $ 600.00 in interest. “If that doesn’t persuade people to pay off their richly interest credit card debt first – I don’t know what will. Student loan debt offers low interest rates, typically around 4 to 6.5 percent and people need to know how to prioritize their debts,” says Dvorkin.

Improve credit scores – Millions of Americans have low credit scores due to charged-off debts. Consolidated Credit advises consumers to use that extra 5 percent of yearly discretionary income to help pay-off or settle any charged-off debts. This will importantly improve their credit score and allow them to pay less interest in the future when they need to purchase a house or car.

Donate the 5 percent to a local homeless or animal shelter – Although millions of Americans are struggling to pay their student lending debt payments each month, even more individuals are struggling to keep a roof over their make or feed their families. By donating to a local non-benefiting shelter, you will be helping the local community and overall economy.

About:
Consolidated Credit Counseling Services, Inc., founded in 1993, is one of the nation’s largest credit counseling organizations in the country and has helped over 5 million people with financial issues. Their mission is to assist families throughout the United States in ending financial crisis and solving money management problems through education and professional counseling.
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Answer by Steveo
Yes, and it’s from the FTC. If you mean credit repair services, then the FTC says that they are all scams. They make suggestions on where to find logical companies and such. Just beware. You can’t find too many sources that will be as good as this paper for a honest rating.

Give your answer to this question below!

Answer by rottie_mama1969
As long as they are lagit good, but just cognize you do pay them a fee for their services.

What do you think? Answer below!

Howard Dvorkin, CPA, founder of Consolidated Credit Counseling Services, Inc.

Fort Lauderdale, FL (PRWEB) October 12, 2011

Halloween is now the second most expensive holiday and with the weight of the US economy becoming more and more taxing, families are taking notice of their unnecessary spending, especially when it comes to Halloween. The top financial literacy leaders at Consolidated Credit Counseling Services, Inc. offer tips on how to cut costs and stay within budget.

According to National Retail Federation’s 2011 Halloween Consumer Intentions and Actions Survey, Americans will spend $ 72.31 on costumes, candy, and decorations. This amount is up from last year’s $ 66.28 and from 2009 when people spent $ 56.31. Total spending for the vacationed is anticipate to reach $ 6.86 billion, the largest amount since the survey’s nine year existence.

“Halloween was once an inexpensive holiday. Families made treats like candy apples, constructed costumes out of old bed sheets, and made their own spooky decorations. As stores stockpile all of the typical Halloween fare, find the time to sit down with your family and plan a budget for this trick or treat season,” says Howard Dvorkin, CPA and founder of Consolidated Credit Counseling Services, Inc.

Here are some tips from Consolidated Credit’s money experts to get you started:

    Use this opportunity to be creative and make Halloween costumes. The website http://www.howcast.com/categories/272-Halloween-Crafts has step-by-step videos to show how to make popular costumes and decorations out of everyday household items.

    Buying unisex costumes leaves more options to reuse the Halloween costumes.     Hold a costume swap with friends. This will cut out the price of new costumes ultimately cutting down Halloween spending.

    Repurpose old Halloween costumes. Take pieces of old costumes to create new ones. For example, a black cape from a batman costume can always double as a cape for a vampire costume.

    Start up a pumpkin bank or collection. Throw loose change into a pumpkin bank daily over the course of the year. Use the money to pay for Halloween expenses.

    Shop sales at the end of the season. It’s never too early to start planning for next year. Many stores have sales for up to 90% off of items after the holiday is over. Use this opportunity to collect a few items to use for the following year.

About Consolidated Credit Counseling Services, Inc. — Incorporated in 1993, Consolidated Credit Counseling Services is a non-profit 5013 ( c ) organization that has provided educational assistance, budget planning, as well as credit and debt management programs throughout the United States. For more information about Consolidated Credit Counseling Services, Inc., go to http://www.ConsolidatedCredit.org.

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Related Consumer Credit Counseling Press Releases

Palouse, WA (PRWEB) October 12, 2011

Palouse Credit Consulting, known for its fresh approach credit repair program where you only pay after you see the results, is today announcing their newly released credit repair guide, “Your Credit … Only Easier.”

“This is a free eBook to help you better understand your credit, and what exactly makes your scores go up or down,” said Grant Presol, credit consultant/owner of Palouse Credit Consulting and creator of the website http://www.thecreditcommunity.com.

Among the contents of this ebook, readers will find information dealing with…

    How to get a truly free credit account     How to ADD a new trade line     Credit Report Dispute Strategies, and much more.

Palouse Credit Consulting credit repair program includes credit bureau disputes, as well as comprehensive counseling services. “Our credit repair program is ideal for anyone interested in existent, honest and lasting credit improvement,” said Grant.

In a clocked where Americans are asking “What is a good imputed score?” there doesn’t seem to be a clear answer. “I’ve worked with many clients, and the major concern is what is “good decent” when it comes to a credit score? There’s no short answer to that question, so I decided to build TheCreditCommunity.com to try and answer that question in detail,” explained Grant. “There’s too many “too good to be true offers” out there. I wanted to provide a website with free answers, gratis guidance.”

Consumers are looking for answered about their credit in many dissimilar industries. The auto industry, mortgage lending industry, even the insurance industries. In some cases, a credit score has an impact on insurance rates or even future employment. “Your credit score is an amazing money saving tool, a wealth building tool, as well as a life building tool. You should larning about it, and utilize it to its fullest.” said Grant.

For further information about the advantages of repairing credit scores by yourself, or to get some credit repair guide tips that could help you facilitate repair of credit hit, please contact: Grant Presol, Credit Consultant/Owner, 509-878-1444, grant(at)thecreditcommunity(dot)com, or visit TheCreditCommunity.com.

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More Consumer Credit Counseling Press Releases

mens ties

San Francisco, CA (PRWEB) December 01, 2011

Popular online retailer Mens-Ties.com is offering men’s fashion bloggers an interesting incentive program, right in time for the holidays. Bloggers who write about and link to http://www.Mens-Ties.com, will receive a $ 30 shopping gift certificate as a token of appreciation. A simple, fast and easy way for bloggers and website owners to earn $ 30 worth of fine neckties, bow ties, pocket squares and other men’s fashion accessories, the incentive program is intended to increase traffic to Mens-Ties.com. Bloggers need simply to post a review about Mens-Ties.com or its range of products and email it to customer-care@mens-ties.com. Bloggers will then receive a coupon code number that can be redeemed for $ 30 worth of merchandise on Mens-Ties.com.

In addition to carrying a stellar selection of men’s accessories, Mens-Ties.com is a treasure trove of information about men’s fashion. The site offers “how to” tutorials, such as “How to Tie a Bow Tie” and “How to Fold a Pocket Square” and more. An informative blog offers men’s fashion tips and advises men on seasonal trends, how to color-coordinate accessories and outfits and how to dress for their specific body type. The Men’s Dress Code Guide counsels men on how dress appropriately on any occasion, with advice on what to wear at everything from a black tie affair to a job interview. Furthermore, a Tie Facts & Trivia section presents a wealth of information about the history of men’s neckwear.

“We’ve discovered that bloggers are such a strong force in getting the word out to our target audience. Our customers are typically style-conscious, cultivated, worldly and well-read. Our research suggests that they often find impart approximately new products by reading blogs,” said Hendrik Pohl, founder of Mens-Ties.com. “Naturally, we want the men’s fashion bloggers out there to be aware of Mens-Ties.com and all the great products and information we offer. And if they link to our site and introduce their readers to our services, we’re happy to thank them with $ 30 worth of merchandise, absolutely free. We’re practically giving them a releasing mini-makeover, so they can experience the quality of our products for themselves and, hopefully, spread the word.”

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Marc Nemer, President & Chief Executive Officer

Phoenix, AZ (PRWEB) December 01, 2011

Cole Real Estate Investments (Cole), one of the nation’s directing existent estate investment management firms, denoted that four executives will undergo as speakers at the IMN Western Non-Traded REIT Industry Symposium.

IMN’s Western Non-Traded REIT Industry Symposium is the largest Non-Traded REIT conference on the West Coast. The 7th annual conference will take place on December 7-8 in Dana Point, California. The conference is designed for constituted, new and prospective investors in Non-Traded REITs. The symposium also serves the growing number of broker-dealers and Registered Investment Advisors (RIAs) that sell or are seeing selling these REITs.

Cole CEO Marc Nemer will speak on the “CEO Strategy Panel” addressing the future of the industry, including what it takes to survive in the evolving market, how CEOs are dealing with media scrutiny and increased regulation, and the potential impact of new FINRA rules.

Executive Vice President and Head of Capital Markets Jeff Holland, CFA, will participate on the “Assessing the Next Generation of Product” panel. Participants will examine four daily Net Asset Value products and discuss the future of Non-Traded REITs.

Chief Investment Strategist Indraneel Karlekar, Ph.D., will speak on the “Where the Smart Money Should Go” ornamenting, looking at how dissimilar real estate asset classes will fare in the next 12 to18 months.

Capital Markets General Counsel Kimberly Smith will participate on the “Litigation Update and Strategy” ornamenting, examining litigation prevention and risk management for sponsors and broker-dealers.

“Cole’s team of executives is excited to participate in this event,” Nemer said. “This forum provides an opportunity to generate discussion regarding the evolving non-listed REIT space. As leaders in the industry, we hope to impart knowledge and hear perspectives from our industry peers.”

About Cole Real Estate Investments

Founded in 1979, Cole Real Estate Investments is one of the most combat-ready acquirers of core existent estate assets, managing one of the country’s big portfolios of retail properties. Cole mainly targets net-leased single-tenant and multi-tenant retail properties under recollective-term leases with eminent credit quality tenants, as good as single-tenant office and industrial properties. Cole executes a cautious investment and financing strategy contrived to supply investors with the opportunity for static current income and capital appreciation. Today, Cole-associated entities ain and manage more than 1,500 properties corresponding some 56 million square feet of commercial existent estate in 47 states with a compounded acquisition cost of roughly $ 9.4 billion.

Follow Cole on Twitter @ColeRealEstate and @ColeCapital.

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Answer by bdancer222
Save your money and do it yourself. If you are current on your debts now, you won’t be once they start handling your payments. Your impute report will acted the same hit as a bankruptcy.Set up a strict reckon for yourself. Eliminate the extras — eating out, new clothes, cell phone, etc. Take every penny you can squeeze out of that budget and put it on the highest interest grading debt, while making minimum payments on the rest. Once the highest interest ranked debt is paid off, move to the next till they are all paid in full.If you make a concerted effort, you can clear up all your debt with 2 or 3 years.

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Oklahoma City, OK (PRWEB) November 21, 2011

The Oklahoma bankruptcy lawyers at the law firm of Atkins & Markoff hereby announce that the firm is providing an expanded Oklahoma Consumer Bankruptcy Guide for the thousands of consumers in Oklahoma who are likely suffering through serious financial problems. This Oklahoma Consumer Bankruptcy Guide is a free online resource that can be accessed by anyone who needs to learn more about several different types of potential financial relief.

Specifically, the firm has provided sections of content within its Oklahoma Consumer Bankruptcy Guide regarding filing bankruptcy cases, Chapter 7 bankruptcy, Chapter 13 bankruptcy, consumer bankruptcy issues, creditors’ rights and suggestions for how to rebuild credit and financial standing after a bankruptcy case has been filed and completed.

The Oklahoma bankruptcy lawyers at the firm are providing this free online resource because of the obvious struggles that many people are feeling in the current economy, which has been mired in a recession and/or a downturn for several years. According to the federal government, the United States experienced a record number of consumer-oriented bankruptcy case filings during the year 2010, with a total of more than 1.5 million cases filed across the country.

This Oklahoma Consumer Bankruptcy Guide is intended to provide consumers with information regarding the different types of bankruptcy cases that can be filed, how a bankruptcy case generally works, what a consumer can expect when a bankruptcy is filed and what the result of a successful bankruptcy case can lead to for a struggling consumer.

About Atkins & Markoff

Atkins & Markoff, whose Web site is locate at http://www.oklahomabankruptcylawcenter.com/, is a law firm comprised of Oklahoma bankruptcy lawyers and trial lawyers who have been representing consumers and defending their legal rights for nearly 15 years. The tauten handles legal matters that include Oklahoma chapter 7 bankruptcy cases, chapter 13 bankruptcy cases, home foreclosure issues, asset retention, credit counseling and bankruptcy alternatives among other legal matters.

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Find More Credit Counseling Press Releases

Answer by Slimick
Consumer Credit Counseling Services (CCCS)You can call your local Red Cross for a referral.

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