Archive for Credit Counseling

CCCSOK Is Impacting Lives

Check out the video below to see the impact we are having on people’s lives. Contact us to see how we can help you with your finances!   (Video by Cecilia Hernández-Cromwell Telemundo Oklahoma) Like this:Like Loading…

Credit Card Debt on the Rise

After a several year decrease in credit card debt balances, consumer credit card usage is on the rise as customers regain confidence in borrowing since the 2008 financial crisis. According to The Wall Street Journal, “U.S. credit-card balances are on track to hit $1 trillion this year.” This is significant because consumer credit reached a peak of

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A Great Example of a “Phishing” Scam

One of our CCCSOK.org NFCC Certified Counselors recently received the following “phishy” e-mail. The subject on the e-mail was: Unusual activity in your American Express account. If you ever get an e-mail like this please do NOT click on any of the links. They are trying to steal your information. Here are a few problems

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Scored Credit Report and Monitoring Service Available at No Cost

CCCSOK.org has received access to several thousand guest memberships in Experian’s FreeCreditScore.com. Through an initiative of the National Foundation for Credit Counseling (NFCC.org) known as Sharpen Your Financial Focus, consumers may register for one free year of service from FreeCreditScore.com. Membership enables you to access your credit report and Experian credit score as well calculators

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CFPB Visits Oklahoma City to Make Announcement on Reporting Medical Debt

CCCS of Central Oklahoma was honored to be among only a handful of organizations invited to a Community Roundtable event with Consumer Financial Protection Bureau (CFPB) Director, Richard Cordray. During the roundtable held in the Meinder’s School of Business at Oklahoma City University, consumer advocacy and service organizations were able to voice concerns to the

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Excessive Financial Optimism Can be Dangerous

NFCC Warns Consumers About Financial Amnesia Washington, DC – The December poll hosted on the National Foundation for Credit Counseling (NFCC) website revealed that more than half of the respondents, 56 percent, predicted they would be in a better place financially at this time next year.   This response rate tripled the next highest category where

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Poll Reveals Consumers Confused Over Purpose of a Budget

Washington, DC – A recent poll on the National Foundation for Credit Counseling (NFCC) website revealed that 57 percent of respondents misunderstand the purpose of a budget, viewing it as a restriction on their spending, when in fact, just the opposite is true.  “A budget actually provides the structure through which a person can be

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