Archive for Credit Counseling

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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Want to Stop the Junk Mail? And the Marketing Calls?

Credit Bureaus (the people who make your credit report and score) also allow your information to be pre-screened for credit card offers resulting in lots of offers arriving in your mail! Not only does this cause a security risk, but come on? It’s not very environmentally friendly! Take a moment to “Opt Out” of receiving

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Buying or Renting. Which Housing Option is Best For You? The answer may surprise you…

According to many, the American dream has always included owning your own home.  That dream turned into a nightmare for millions of Americans during the Great Recession, which started when the housing bubble burst at the end of 2007.  Families across the nation, and Oklahoma, were forced into renting when they lost jobs, income, and

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Five Quick Tips for Tight Budgets

Written by: Bob Cook, Senior Consumer Credit Counselor at Consumer Credit Counseling Service of Central Oklahoma (CCCSOK.org) I started learning how to manage money early in my life. My dad had his own business and if we were out of school we went to work with him from the age of 7. We were paid $1.00

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Two-thirds of Engaged Couples Express Negative Attitudes Toward Discussing Money

  Washington, DC – The recent poll hosted on the National Foundation for Credit Counseling (NFCC) website revealed that 68 percent of respondents held negative attitudes toward discussing money with their fiancé, with five percent indicating the discussion would cause them to call off the wedding. “It is telling that two people who intend to

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Oklahoma Money Matters Releases Financial Guide Targeting Adults in the Workplace

Oklahoma Money Matters (OKMM), an initiative of the Oklahoma College Assistance Program, an operating division of the Oklahoma State Regents for Higher Education recently released a new workplace education initiative focused on empowering employers to provide financial management training for staff. As part of the “Workplace Money Matters” campaign, OKMM released the Your Money Matters guide

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