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CUs Line Up for Consumer CARD Act Counseling

The National Foundation for Consumer Counseling said today that it has signed up more than 150 credit unions nationwide for its enhanced locator service to put counseling agencies in touch with consumers routed through CUs.

By Jim Rubenstein | Updated on January 27, 2010

Anticipating public confusion and need for CARD Act help, the National Foundation for Consumer Counseling said today that it has signed up more than 150 credit unions nationwide for its enhanced locator service to put counseling agencies in touch with consumers routed through CUs.

The Silver Spring, Md. trade group said preparations for the Feb. 22 CARD Act implementation have prompted the sign-up of CU subscribers to its National Locator Line to guide consumers to the agencies as a resource “for sorting though their financial challenges.”

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