Credit counseling definition
Credit counseling means the provision of counseling and advice on managing household finances, including but not limited to managing credit and debt, budgeting, and personal savings.
Credit counseling means a service provided by an organization or counselor certified and trained in the areas of consumer credit, money and debt management, and budgeting.
Credit counseling. I understand that this credit counseling service is to assist me with my credit needs, but, does not guarantee that I will be able to improve my credit situation. I understand that in order to provide service, my Housing Counselor will need to be aware of, and discuss with me, information about my employment, financial situation, credit history, family and related matters. I authorize my Housing Counselor to disclose this information to relevant parties (i.e. lenders, HUD, my real estate agent) if he or she feels that such disclosure will improve my housing. I further authorize my mortgage company, their representative, my real estate agent, potential lenders, HUD, VA and any other entities with information about my housing and financial situation to disclose such information to Northeast Denver Housing Center, upon NDHC’ S request. I also understand that, other than disclosures intended to improve my housing situation, all personal information that I provide to Northeast Denver Housing Center will be kept confidential, and that no information about me will be discussed with anyone not directly involved in my efforts to improve my housing situation. I am also not obligated to receive, purchase or utilize any other services offered by Northeast Denver Housing Center, or its exclusive partners, in order to receive housing counseling services. By signing below, I verify that the information provided is true and accurate to the best of my knowledge. Client Signature Date Housing Counselor Date Client Signature Date Address, City, State, Zip code The Department of Housing and Urban Development – Community Development Block Grant funds have been awarded to fund Northeast Denver Housing Center program. Federal regulations require the program to provide benefit to low and moderate-income persons. All questions on this document must be completed. The form must be acknowledged and signed.
Examples of Credit counseling in a sentence
Credit counseling" means the provision of counseling and advice on managing household finances, including but not limited to managing credit and debt, budgeting, and personal savings.
Credit counseling agencies often provide services for free and will help to educate you about how to avoid financial problems in the future by offering debt management classes or seminars.
More Definitions of Credit counseling
Credit counseling means any guidance or educational program or advice offered by a provider for the purpose of fostering the responsible use of credit and debt management.
Credit counseling means providing financial advice to a consumer about the consumer’s finances or credit.
Credit counseling means providing financial advice to a consumer about his finances or credit.