News Articles
The credit and money management experts at CCCS are routinely called upon to give interviews for
local, national, and international news sources. We are featured on such shows as KRON TV's Rob Black & Your Money. |
How do they afford it? Interest-only loans, credit card debt salvation for many
by Tamara Grippi, Staff Writer
San Francisco Examiner, 6/19/05
The numbers don't add up. Reports come out every month showing the gap between salaries and San Francisco Bay Area home prices widening. But that fact hasn't deterred the thousands of residents who continue to become homeowners. ...READ MORE *
Escaping the credit card debt trap
by Tamara Grippi, Staff Writer
San Francisco Examiner, 6/19/05
The battle to survive in the Bay Area economy is often fought on two fronts — making high monthly mortgage payments while staying out of credit card debt. ...READ MORE *
Wolves
in Credit Counselors' Clothing
Cincinnati Post, 4/26/05
You
see the ads every day: in print, in your e-mail box; on the radio
and television. Everywhere it seems there are promises to fix
your debts, specifically your unsecured credit card debts. You
can't really avoid the ads, but you can be wise enough to not
fall for them. ...READ MORE
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* Asterisks mark external links. Opinions expressed on websites outside of CCCS are not necessarily those of CCCS. Websites may change content from time to time. Please let us know if one of the links above is broken by emailing jdiego@cccssf.org.
Press Releases
Homeownership Preservation Foundation
Sees Significant Jump in Calls from Homeowners Facing Foreclosure; Foundation Adds Fifth Counseling Partner in Efforts to Counsel Homeowners (4/23/07)
The Homeownership Preservation Foundation has reported a significant jump in the number of homeowners calling its 888-995-HOPE hotline for assistance in avoiding foreclosure. The national hotline (for more information, go to http://www.995hope.org), which helps individuals and families who are behind on their mortgage payments, received more than 14,000 calls during the first quarter of 2007, a 30 percent increase over the fourth quarter 2006. More than 25,000 homeowners called the hotline in all of 2006. READ MORE...
Defaults/Foreclosures Up; CCCS-SF Steps In:
Non-profit Helps Panicked Homeowners with Options and Strategy (3/26/07)
Consumer Credit Counseling Service of San Francisco (CCCS-SF) is stepping up efforts to help homeowners keep their property out of foreclosure. The non-profit organization reports a dramatic increase in calls from nervous mortgage holders over the last few months. Payments for many adjustable-rate mortgages (ARMs) and subprime loans have gone up by 25, even 50 percent, leaving millions of borrowers in serious financial trouble. READ MORE...
CCCS of San Francisco Selected to provide bankruptcy Counseling:
Local Non-profit Approved by U.S. Trustees to Counsel/Educate Bankruptcy Filers (1/31/06)
Consumer Credit Counseling Service of San Francisco (CCCS-SF) announced today that they have been approved by the Executive Office for United States Trustees to provide financial counseling and education to consumers wishing to discharge their debts in bankruptcy. READ MORE...
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