Fort Lauderdale, FL (Vocus) June 17, 2009
Consolidated Credit Counseling Services, Inc. is pleased to announce that they have received approval to provide housing and foreclosure avoidance counseling as a Housing and Urban Improvement (HUD) housing counseling agency.

Consolidated Credit was approached by neighborhood banks for aid with the housing crises and as a call to action they took the necessary methods to turn out to be HUD-approved. Foreclosures and unemployment in South Florida are widespread and households are in need of help. Consolidated Credit is reporting a record number of customers in search of help in the areas of foreclosure prevention as effectively as credit and debt counseling.

As a HUD housing counseling agency, Consolidated Credit will be joining the struggle to support the countless numbers of consumers who have been devastated by the fallout from the mortgage crisis as nicely as aid very first-time home purchasers make wise choices based on sound economic principles.

As element of President Obama’s extensive Homeowner Affordability and Stability Plan (HASP), customers may be eligible for a specific Generating Residence Cost-effective loan modification or refinance, to lessen month-to-month payments and support Americans preserve their home. Foreclosure prevention counseling solutions are offered by nonprofit housing counseling agencies functioning in partnership with the Federal Government.

As a HUD housing counseling agency, Consolidated Credit will give Reverse Equity Mortgage Counseling, which is designed to help mostly senior homeowners to be capable to devote the equity in their residence whilst still continuing to reside at their residence. They will also provide Post-Buy Counseling to support struggling homeowners. This is a crucial part of the homebuyer education procedure due to the fact it supports successful lengthy-term homeownership.

Consolidated Credit will also offer Predatory Lending Education, Monetary Management/Budgeting, and Residence Purchaser Education Workshops. These workshops are created to offer basic monetary literacy expertise and other information property owners and prospective homebuyers can use to make wise financial decisions concerning their properties, to get the best achievable rates to which their credit entitles them, and to support them keep away from unscrupulous lenders and unregulated financial institutions.

Throughout the nation, Consolidated Credit gives assistance with funds and credit management via economic education and comprehensive debt counseling in each English and Spanish now they are committed to helping folks in need with the availability of housing counseling as nicely.

ABOUT: Consolidated Credit Counseling Services, Inc http://www.consolidatedcredit.org/ is a 15-year old nonprofit organization that assists households throughout the United States in ending economic hardships by way of monetary education, credit counseling and debt management applications. Shoppers can get in touch with 1-800-728-3632 to speak with a credit counselor.

Speak to
1-800-728-3632
alewis(at)consolidatedcredit.org

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