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Nonprofit debt consolidation and for-profit debt consolidation have several important differences. The financial objectives of the companies Nonprofit credit counseling agencies are not focused on ...
Two types of entities typically offer credit counseling services: nonprofit organizations and for-profit debt management companies. The best fit for your needs will depend on your overall goals ...
Nonprofit counseling agencies are known to charge lower fees than for-profit agencies, with some offering the services for free. For-profit counseling is offered by debt relief companies and may ...
The National Foundation for Credit Counseling (NFCC), founded in 1951, is the largest and longest-serving nonprofit financial counseling organization in the United States. NFCC member agencies provide access to financial counseling services for consumers.
Credit counseling is most often done by Credit counseling agencies that are empowered by contract to act on behalf of the debtor to negotiate with creditors to resolve debt that is beyond a debtor's ability to pay. Some of the agencies are non-profits that charge at no or non-fee rates, while others can be for-profit and include high fees.
Christian Aid, international development agency backed by UK churches; Christians Against Poverty, a charity that deals with debt counselling; Christian Concern For Our Nation, campaigning group on legal and political changes; Churches Together in England, national ecumenical organisation
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