Family Economic Security

Credit Basics

Federal Trade Commission - Consumer Protection: Credit
Extensive list of online publications on all aspects of credit.
http://www.ftc.gov/bcp/menu-credit.htm

Choosing and Using a Credit Card
From Maryland Cooperative Extension. http://www.agnr.umd.edu/MCE/Publications/Publication.cfm?ID=52 OR http://www.agnr.umd.edu/MCE/Publications/PDFs/FS697.pdf

Consumer Handbook to Credit Protection Laws
"Consumer credit laws can help you apply for credit, keep up a good credit standing,
and complain about an unfair deal. 44 pp. (1999)"
http://www.federalreserve.gov/pubs/consumerhdbk/

Credit Matters
Qualifying for a credit card, establish a credit history, if your application is denied, get the best deal, kinds of credit accounts, protect your credit, you're responsible, and federal protections are discussed in this 5 page government document. http://www.pueblo.gsa.gov/cic_text/money/credit-report/rscredit.htm

CreditPage®: The Place To Learn How To Manage & Protect Your Credit
Credit education information sponsored by creditors and credit counseling organizations. http://www.creditpage.com/

Debit or Credit: Which Card is Safer?
Kiplinger.com article. http://www.kiplinger.com/columns/fitness/archive/2001/ff20010808.htm

Managing Your Money Lesson 5: How Much Credit Can You Afford?
Ohio State University Extension lesson and worksheets.
http://www.ag.ohio-state.edu/%7Eohioline/home/money/money5.html

An Overview of Consumer Data and Credit Reporting
"This article describes the way the credit reporting companies compile and report their data and gives background on the regulatory structure governing these activities. This description is followed by a detailed look at the information collected in credit reports. Key aspects of the data that may be incomplete, duplicative, or ambiguous as they apply to credit evaluation are highlighted in the analysis. The article concludes with a discussion of steps that might be taken to address some of the issues identified." Federal Reserve Board Bulletin, March 2003 article (27 pages). http://www.federalreserve.gov/pubs/bulletin/2003/0203lead.pdf

Payday Advance Credit in America: An Analysis of Customer Demand.
Credit Research Center at Georgetown University April 2001 94 page report. http://www.msb.georgetown.edu/prog/crc/order/Mono35.pdf

Payday Loans
WI Dept. of Financial Institutions brochure aimed at consumers. http://www.wdfi.org/ymm/brochures/financing/payday_loans.htm

Survey of Rent-to-Own Customers
FTC 4/00 Executive Summary. http://www.ftc.gov/reports/renttoown/rtosummary.htm PDF report http://www.ftc.gov/reports/renttoown/renttoownr.pdf

Truth About Credit: A Project of the State PIRGS
"A guide for getting a credit card, avoiding credit troubles and clearing up your credit problems." From the Massachusetts Public Interest Research Group. http://www.truthaboutcredit.org/index.html

Debt

Using Power Payments to Pay Off Debt - Money 2000 and Beyond
Six page fact sheet on how power payments can reduce debt. From UWEX Cooperative Extension. http://www.uwex.edu/ces/money2000/pdf/powerpay.pdf To request a personalized PowerPay© analysis, contact your University of Wisconsin Extension county office. http://www1.uwex.edu/ces/cty/.

PowerPay Debt Reduction Computer Program
Utah State University Extension developed the easy-to-use educational tool that allows financial advisors to quickly show consumers the impact of power payments on individualized consumer debt situations. (WI county extension offices should request a copy from FLP if they don't have it already.) http://extension.usu.edu/cooperative/powerpay/

Debt Collection: Your Rights and Responsibilities
Wisconsin Dept. of Financial Institutions brochure. http://www.wdfi.org/ymm/brochures/credit/debt_collection.htm

Getting Out of Debt
Maryland Cooperative Extension fact sheet FS436. http://www.agnr.umd.edu/MCE/Publications/Publication.cfm?ID=31

Living on Less
Money saving ideas from Maryland Cooperative Extension FS509. http://www.agnr.umd.edu/MCE/Publications/Publication.cfm?ID=43

National Foundation for Credit Counseling: Budget Calculators
Has links to several online debt calculators under Budget Calculators link. http://www.nfcc.org/

Overcoming Financial Difficulties
University of Hawaii has developed a 20-page, self-help guide featuring sections on gaining the strength you need, clarifying your finances, achieving rapid recovery, and controlling your destiny. http://www2.ctahr.hawaii.edu/oc/freepubs/pdf/FCL-1.pdf

Credit Reports

Consumer Credit: When There's an Error on Your Credit Card Bill
Includes sample letter to show how to dispute billing errors. (NCR606-2) from University of Wisconsin Extension. http://cecommerce.uwex.edu/pdfs/NCR606_2.PDF

Consumer Credit: Your Credit Report (NCR606-3)
How to access and analyze your credit report and work to correct any missing or inaccurate information. From University of Wisconsin Extension. http://cecommerce.uwex.edu/pdfs/NCR606_3.PDF

Credit Reports
From Credit Info Center. Includes how to get a free copy of your credit report. http://www.creditinfocenter.com/creditreports/

How to Dispute Credit Report Errors
Federal Trade Commission fact sheet. http://www.ftc.gov/bcp/conline/pubs/credit/crdtdis.pdf

Understanding Credit Bureaus
Credit bureaus compile credit records which are records of consumers' debts and how regularly those debts are repaid. From Maryland Cooperative Extension. http://www.agnr.umd.edu/ces/pubs/pdf/FS700.pdf

What Your Credit Report Says About You
From Federal Reserve Bank of Philadelphia. http://www.phil.frb.org/consumers/creditreport.html

Credit Counseling

Fiscal Fitness: Choosing a Credit Counselor
From Federal Trade Commission. http://www.ftc.gov/bcp/conline/pubs/credit/fiscal.htm or
http://www.ftc.gov/bcp/conline/pubs/credit/fiscal.pdf

Wisconsin Dept. of Financial Institutions
Has a contact list of Credit Counseling Services under Topics of Interest. http://www.wdfi.org/wca/consumer_credit/

Green Path Debt Solutions
Has links to licensed agencies in WI, MI, and northwest IL. http://www.debthelpnow.org/

Money Management International
Free, confidential assessment for consumers with debt from this non-profit counseling organization. http://www.moneymanagement.org/

Myvesta.org
Formerly Debt Counselors, site has many online publications and audio programs on debt and financial recovery. Also links to their fee based online financial recovery services. http://www.Myvesta.org/

National Foundation for Credit Counseling
Has links to most licensed agencies in WI, MN, and US. http://www.nfcc.org/

Bankruptcy

American Bankruptcy Institute
Complete current information, statistics, and legislation regarding bankruptcy. Includes how to file and sources of advice under heading Filing. http://www.abiworld.org/

LII: Law About...Bankruptcy
Legal Information Institute's brief summary of bankruptcy with links to key primary
source material including federal and state statutes, other Internet resources, and useful offnet references. http://www.law.cornell.edu/topics/bankruptcy.html