Eric needs help with his credit problems. Which organization is considered a good, reputable source of information on how to sol

Question

vlabodo [156]

1 year ago

11

Eric needs help with his credit problems. Which organization is considered a good, reputable source of information on how to sol

ve credit problems?

Business

1 answer:

andrey2020 [161] · Answer 1 · 2024-01-21T21:45:55+03:00

The correct answer is option (b) National Foundation for Consumer Credit (US)

Credit problem solution can be provided by National Foundation for Consumer Credit (US).

<h3>What is National Foundation for Consumer Credit (US)?</h3>

A network of non-profit credit counselling groups operates nationally under the name of National Foundation for Credit Counseling (NFCC). People who have taken on too much debt can benefit from counselling in order to avoid filing for bankruptcy, which is one of the main services offered by NFCC member organisations.

If you need help with your money, contact Consumer Credit Counseling Services (CCCS), a membership organisation of regional nonprofit organisations. Consumer finance businesses, banks, credit card issuers, and other lenders all make voluntary contributions to CCCS.

Revolving credit and instalment credit are the two types of consumer credit. Revolving credit works similarly to a credit card in that the borrower is given permission to utilise a certain amount of credit whenever they need it.

To learn more about credit visit:

brainly.com/question/1475993

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