The History of Consumer Credit Counseling Services

People have had problems managing their credit for a long time, but prior to 1951, there were no resources available to assist them. In that year, the National Foundation for Credit Counseling was formed by creditors who initially came together for two primary purposes. The first was to monitor regulatory and legislative activity that affected the credit lenders in their membership base. Their other stated purpose was to produce and promote public awareness campaigns on budgeting, the

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