Money Talks

Money Talks: Credit Counseling


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Guest: Bruce McClary from the National Foundation for Credit Counseling https://www.nfcc.org/


DATES TO KNOW: Submit your banking information to receive direct deposits of Economic Impact Payments by 11am Wednesday, May 13th, 2020.Mississippi Income Tax Returns and Payments are now due July 15th, 2020.


Topics on the NFCC's website include - 10 Smart Ways to Reduce Expenses and Tighten Your Budget to Make Your Stimulus Check Last, Tips for Making and Managing an Emergency Budget; Should You Access Your Retirement Funds Early Due to COVID-19


You can hear Bruce McClary give additional information on NFCC's Fin Bit Podcast https://open.spotify.com/show/6I2jbwF7mg9BxU3ywhdEUQ


Discussions covered

  • Eviction and Foreclosure Suspension for Homeowners Facing Difficulties Making Mortgage Payments https://www.nfcc.org/resources/blog/eviction-and-foreclosure-suspension-for-homeowners-facing-difficulties-making-mortgage-payments/
  • Mortgage Forbearance
  • Refinancing https://www.nfcc.org/resources/blog/5-ways-to-still-refinance-your-mortgage-with-a-less-than-perfect-credit-score/
  • Warning about " housing relief" scams https://www.nfcc.org/what-we-offer/foreclosure-prevention-counseling/foreclosure-rescue-scams/
  • Credit card debt https://www.nfcc.org/what-we-offer/emergency-credit-card-help/
  • Free weekly credit report https://www.annualcreditreport.com/index.action


Bruce was a guest on the July 3rd 2018 Money Talks broadcast http://moneytalks.mpbonline.org/episodes/5cd31f1533f6c1be55607d7c

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