debt management programs » Cambridge

Cambridge Credit: Debt Management and Credit Scores

admin — Sun, 25 Dec 2011 23:33:42 +0000

This week Christopher Viale, President and CEO, addresses the notion that credit-counseling services have a negative impact on ones credit.

Duration : 0:2:2

Technorati Tags: Cambridge, christopher, corp., counseling, credit, Scores, viale

News Rules to Govern Debt Settlement Companies

admin — Tue, 11 Jan 2011 04:41:52 +0000

http://www.cambridge-credit.org — Since the start of the recession in 2007, the Better Business Bureau reports that it has received more than 3,500 complaints regarding the debt-settlement industry, reinforcing the unfortunate fact that many people who seek assistance from debt-settlement companies never receive the services they so desperately require. Common among those complaints were stories of individuals who wound up deeper in debt, or who faced lawsuits for failure to make their scheduled payments. In an effort to protect consumers from unscrupulous debt settlement firms, the FTC recently introduced groundbreaking new rules to govern the industry’s practices. In announcing the regulations, FTC Chairman Jon Leibowitz and Vice President Joe Biden noted that many debt-settlement companies use “a business model based on deceit,” and pledged to enforce the new rules aggressively. Watch this week’s webisode from Cambridge Credit Counseling Corp. to learn more. Host: President and CEO Christopher Viale.

Duration : 0:6:17

Technorati Tags: 2.0, Cambridge, commission, corp., counseling, credit, debt, economic, economy, educational, federal, finance, financial, ftc, money, news, settlement, trade, your

Consumer Credit Card Debt

admin — Sun, 26 Dec 2010 17:25:09 +0000

WWLP Springfield, MA interviews Christopher Viale, President and CEO of Cambridge Credit Counseling Corp., about a new study which examines how much credit card debt the American consumer carries.

Duration : 0:1:52

Technorati Tags: 22, announcements, Cambridge, christopher, corp., counseling, credit, news, nonprofit, public, service, viale, wwlp

Cambridge Credit: What is a Debt Management Plan

admin — Sun, 07 Mar 2010 20:12:20 +0000

Learn Now or Pay Later is a weekly personal finance series produced by Cambridge Credit Counseling Corp. The goal of this educational series is to better prepare the public to deal with matters pertaining to credit, debt and money management. This week’s webisode is the second in a three-part edition featuring Christopher Viale, President and CEO, discussing how debt management plans work and the benefits of using such an option.

Duration : 0:1:52

Technorati Tags: announcements, Cambridge, christopher, counseling, credit, debt, grassroots, management, nonprofit, outreach, public, service, viale

Debt Settlement Companies Under Scrutiny

admin — Mon, 28 Dec 2009 17:58:11 +0000

Attorneys general from Illinois to West Virginia have become serious about combating abusive practices within the debt settlement industry. In New York state, Attorney General Cuomo recently announced that the state has secured subpoenas against 14 national debt settlement companies. At the same time, the Consumer Credit and Debt Protection Act was introduced in the U.S. House of Representatives in an effort to reign in the industry. Join Thomas Fox, Cambridge Credit Counselings Community Outreach Director, as he discusses why so much scrutiny is being placed on debt settlement agencies and the practices that have brought them under fire.

Duration : 0:5:25

Technorati Tags: Act, and, Cambridge, cards, Consumer, counseling, credit, debt, house, of, Protection, Representatives, settlement, U.S.

Debt Settlement vs. Debt Management

admin — Sun, 18 Oct 2009 13:45:08 +0000

As Americans struggle to manage their finances through the economic downturn, many are turning to the debt servicing industry for assistance. Unfortunately, the public routinely confuses the types of services provided by debt settlement and debt management agencies, which differ significantly. Join Thomas Fox, Cambridge Credit Counselings Community Outreach Director, as he discusses the important differences between Debt Settlement and debt management.

Duration : 0:4:47

Technorati Tags: Cambridge, corp., counseling, credit, debt, economy, management, settlement