Vision Credit Education, Inc.

Your Nonprofit Credit Counseling Organization

Archive for the 'Financial News' Category

Attorney General Shuts Down Allegro

March 2nd, 2010 by Kenneth Long

It may sound like a broken record but another large debt settlement company has been seized following an investigation into company practices. Allegro Law LLC and Allegro Financial Services LLC have been shuttered by regulators with the assets coming under seizure by the court. Read the rest of this entry »

Category: Consumer Protection, Debt Settlement, Financial News | No Comments »

Vision Receives Triangle Gives Back Grant

March 2nd, 2010 by Kenneth Long

Vision Credit Education has received the Give Back Monthly Giveaway for February, courtesy of the Triangle Gives Back initiative. Vision was chosen among the Triangle area nonprofit organizations that frequently update our community events. Read the rest of this entry »

Category: Financial News | No Comments »

AADMO Reportedly Disbanding

November 30th, 2009 by Kenneth Long

The American Association of Debt Management Organizations (AADMO) has been one of the largest trade associations representing various debt relief organizations that provide credit counseling or debt settlement. As such, it came as some shock to hear reports that AADMO plans to disband effective November 1, 2010. Read the rest of this entry »

Category: Debt Management, Debt Settlement, Financial News | 1 Comment »

Record Budget Deficit Worse than you Think

October 17th, 2009 by Kenneth Long

Recent headlines have placed the 2009 federal budget deficit at $1.42 trillion. They added that it amounts to some $4,700 per man, woman and child in the U.S. While that is high, understand that every man, woman and child does not pay taxes. As a taxpayer, your share is much higher. Read the rest of this entry »

Category: Financial News, Saving and Investing, Taxes | No Comments »

North Carolina Bans Collection of Old Debts

September 9th, 2009 by Kenneth Long

With a signature from Governor Bev Purdue, North Carolina effectively banned all collection attempts on old debts. This change is a part of the Consumer Economic Protection Act of 2009. Read the rest of this entry »

Category: Consumer Protection, Financial News | No Comments »