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Nonprofit debt management services typically only apply to unsecured debt. Credit card debt. This is the most common type of debt in debt management plans. Americans carry a lot of credit card ...
The organization's net assets in 2012 totaled $16,248,638. [19] Kiva itself does not charge interest on its loans; they supply capital to microfinancing institutions for free. These microfinancing institutions then lend out money with high interest compared to bank finance in mature markets, averaging a portfolio yield of over 30%. [20]
Consumer Action's frequent focus is consumer credit—and the related areas of credit cards, banking and finance, money management, and pricing; as well as health, housing, scams, fraud, privacy, and more. Consumer Action is known for its annual Credit Card Survey. [1] [2]
501(c)3 organizations are able to use the platform through ActBlue Charities. [4] [5] Groups that use ActBlue pay a 3.95% credit card processing fee. [15] As a nonprofit, ActBlue runs its own separate fundraising program and accepts tips on contributions to pay for its expenses. [16]
The National Foundation for Credit Counseling (NFCC), founded in 1951, is the largest and longest-serving nonprofit financial counseling organization in the United States. NFCC member agencies provide access to financial counseling services for consumers.
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