SOURCE: National Foundation for Credit Counseling

National Foundation for Credit Counseling

September 08, 2010 15:34 ET

NFCC Launches New Video Podcast Series for Homeowners

Housing Counseling 101 Offers Advice as the Tough Economy and Uncertain Financial Times Continue

SILVER SPRING, MD--(Marketwire - September 8, 2010) - With unemployment levels currently at 9.7 percent, a 15-year high according to the Bureau of Labor Statistics, many Americans are finding themselves at risk of foreclosure and/or drowning in debt. According to current housing statistics, one in every 366 U.S. households received a foreclosure notice at the end of 2009. Beyond the challenges of homeownership, other individuals and families are struggling with how to properly save money and manage their finances responsibly. All of this demonstrates the importance of educating the public as early as possible so that they can make the best choices for their financial future.

Long-term financial stability involves a number of key things including education, proper planning and the ability to know who to trust when dealing with financial problems. The National Foundation for Credit Counseling (NFCC) is continuing its goal of educating the public about the critical financial issues that impact us today, including foreclosure prevention. 

For those who have fallen behind on mortgage payments, anticipate financial problems or fear foreclosure, the NFCC Housing Counseling 101 video podcast series may provide a solution. The video podcast series covers topics such as the myths surrounding housing counseling, what a Housing Action Plan is, and what to expect from a housing counseling session.

To learn more about what to expect in a housing counseling session with an NFCC certified housing counselor, watch the Housing Counseling 101 video podcast series on the NFCC YouTube page. To seek advice from an NFCC certified housing counselor, call 1-866-687-6322 or visit For assistance in Spanish, call 1-800-682-9832 or visit

The National Foundation for Credit Counseling (NFCC), founded in 1951, is the nation's largest and longest serving national nonprofit credit counseling organization. The NFCC's mission is to promote the national agenda for financially responsible behavior and build capacity for its Members to deliver the highest quality financial education and counseling services. NFCC Members annually help four million consumers through close to 830 community-based offices nationwide. For free and affordable confidential advice through a reputable NFCC Member, call (800) 388-2227, (en Español (800) 682-9832) or visit Visit us on Facebook at, on Twitter at and on our financial education blog at

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