2017 Press Releases
New Survey: Credit Card Debt is the Greatest Source of Financial Worry for Consumers in 2017
(Boston, MA) – April 19, 2017 – The greatest financial worry of consumers today is credit card debt, with nearly 40 percent of individuals claiming this as their primary financial concern, according to a recent survey by national nonprofit American Consumer Credit Counseling.
ACCC on How to Claim Your Tax Deductions
(Boston, MA) – April 17, 2017 – Everyone wants more money in their pocket. When filing federal tax returns it is easy to miss out on simple ways of saving money. Tax deductions allow consumers to lower their taxable income and pay less in taxes.
ACCC Provides Resources for Teaching Kids About Money
(Boston, MA) – April 12, 2017 – As part of National Financial Literacy Month, national nonprofit American Consumer Credit Counseling is aiming to help kids learn about finances at an early age. Developing good financial habits and responsibility at an early age will benefit kids well into adulthood.
ACCC Shares Tips on How Consumers Can Protect Their Personal Information
(Boston, MA) – April 10, 2017 – Every day consumers share personal information with others around them in a variety of settings. Because this is so routine, many consumers don’t think twice when initiating transactions that force them to share personal information.
ACCC Provides Tips for Teaching Kids about Money
(Boston, MA) – April 3, 2017 – In honor of National Financial Literacy Month, American Consumer Credit Counseling wants to help parents talk to their kids about money. It is never too early or too late to start teaching children about the importance of good financial habits.
ACCC Provides Tips on How to Use Credit Wisely
(Boston, MA) – March 27, 2017 – It is easy for credit card debt to spiral out of control. Hence, it’s important that consumers understand how they can protect themselves and use credit wisely.
ACCC Describes the Different Types of Online Scams Consumers Should Avoid
(Boston, MA) – March 22, 2017 –There are different types of online scams that criminals use to defraud millions of consumers. They use tricks and technology to convince consumers to send money or give out their personal information.
New Survey: Almost Half of Consumers Have a Household Credit Debt over $10,000
(Boston, MA) – March 16, 2017 – Almost fifty percent of consumers (49 percent) have household credit card debt over $10,000, according to a recent survey by national nonprofit American Consumer Credit Counseling. Of those respondents, 35 percent have a household credit card debt over $15,000.
Concern Grows with the Federal Reserve’s Plan to Raise Interest Rates in 2017
(Boston, MA) – March 1, 2017 – After the Federal Reserve raised interest rates for the second December in a row and set a plan for several rate increases in 2017, concern has grown among consumers worried about how the hikes may impact their personal finances.
ACCC Explains the Necessary Financial Steps before Military Deployment
(Boston, MA) – February 27, 2017 – Deployment can be an extremely stressful and emotional experience for service members and their families. Like many Americans, the veteran and military population are not immune to issues with financial budgeting, debt and unemployment.
ACCC Discusses the Importance of Credit Counseling to Overcome Burdensome Debt
(Boston, MA) – February 22, 2017 – Credit counseling is a financial service designed to educate consumers about how to pay off their debts and potentially avoid debt in the future.
ACCC Explains the Importance of Allocating a Budget that Covers Expenses in Five Key Areas
(Boston, MA) – February 17, 2017 – Life is full of financial temptations. While the occasional splurge can be fun, the key to enjoying such luxuries comes from creating and maintaining a budget to cover all necessary expenses first.
New Survey: Consumers Say Paying off Debt is Number one Financial Goal
(Boston, MA) – February 15, 2017 – More than 90 percent of consumers say they have a financial goal for 2017, according to a recent survey by national non-profit American Consumer Credit Counseling. More than two thirds of respondents (71 percent) say they have a plan to achieve their financial goal.
Demand for Credit Cards Increases as Consumer Confidence Rises
with Stronger U.S. Economy
(Boston, MA) – January 30, 2017 – As the job market continues to improve and unemployment rates decline (4.6 percent), consumer confidence is rising – leading lenders to extend more credit and increasing the demand for credit cards. Although increased consumer spending indicates a strong economy, many consumers are struggling when it comes to paying off their debt.
ACCC Helps Consumers Get Financially Organized This Month
(Boston, MA) – January 25, 2017 – In response to Get Organized Month, national nonprofit American Consumer Credit Counseling explains the importance of organization and provides tips on how to achieve a healthy financial lifestyle.
ACCC Launches New Video Series on How to Pay Back Student Loans
(Boston, MA) – January 23, 2017 – National nonprofit American Consumer Credit Counseling launched a new, three-part video series on how to repay student loans. The videos take consumers through a variety of options that are available when it comes to paying back student loans so that they can most effectively manage their debt.
New Survey: Just Eight Percent of Consumers Admit to Being Savers
(Boston, MA) – January 18, 2017 – Only 8 percent of consumers identify as being “savers,” according to a recent survey by national non-profit American Consumer Credit Counseling. More than half of respondents (58 percent) say they try to save but “splurge on the right thing,” and 34 percent admit to being “spenders.”
ACCC Receives Grant from Rockland Trust Foundation
(Boston, MA) – January 9, 2017 – American Consumer Credit Counseling announced today that it has received a $25,000 grant from Rockland Trust Foundation to enhance and grow its Pre-Purchase home owner’s program.