The National Foundation for Credit Counseling (NFCC) has launched a new financial Web site to serve the Hispanic community, www.termineconsudeuda.org.
Among the financial education tools available on the site, consumers will find a Consumer Tips section relevant to their everyday concerns. Located within this area are a Budget Worksheet, multiple calculators and consumer tips articles. Those interested in credit counseling will find an overview of the credit counseling process, a Frequently Asked Questions area, and information on how to locate an NFCC Member Agency to set an appointment for counseling. Additionally, useful information is provided for those needing housing counseling or fearing foreclosure, along with an overview of the bankruptcy process for those in deep financial distress. Of particular note is the number of financial education products the NFCC has made available in Spanish. Workbooks include Claves Para Ser Propietario (Keys to Homeownership), a step-by-step guide to buying a home, Mejore su Suerte (Better Fortunes), a common-sense approach to managing money, Hay Mas de Una Salida (More than One Way Out), which offers an overview of and alternatives to bankruptcy, and Viva Una Vida Mas Plena (Live a Richer Life), a financial recovery roadmap post-bankruptcy.
The NFCC also created a DVD for borrowers concerned about foreclosure. Cómo Evitar la Ejecución Hipotecaria is available to consumers free of charge, and can be ordered through www.termineconsudeuda.org. The NFCC routinely develops and distributes radio and television Public Service Announcements (PSA) in Spanish, and regularly publishes news releases in Spanish.
