Credit When Credit Is Due is a 12-lesson text, (also available in Spanish) written by Paul Strassels, one of America's premiere analysts on the subject of credit and debt, and the author of 14 books on personal finances.
The course is designed to help individuals gain a better knowledge of money issues and responsibilities revolving around the world of credit. The course is a self-study curriculum, with pass/fail tests following each lesson. Available in book format or online.
When students complete the course successfully, they will be registered in a national database and sent a registration card identifying them to lenders as graduates of a national standardized credit education program. This could entitle them to special consideration from participating utilities, mortgage companies and discounts, depending on the lenders' discretion. They will also receive three cards addressed to the three major credit bureaus allowing them to add a positive statement to their credit reports.
Credit When Credit Is Due is considered to be such an important credit educational tool that it is accepted for continuing education units by a variety of professional organizations for credit and debt counselors, financial planners and educators. (6 CEs from the AFCPE 01-06-14)
The 12 lessons included in the Credit When Credit Is Due course are:
The cost of the 12-week self-study program and textbook is $65.00 + FREE shipping
NEW The cost of the 12-week self-study online program is $50.00
Available in book format or online.
San Diego, CA. (January 2011) The Institute of Consumer Financial Education (ICFE), a San Diego based group is proud to celebrate the achievement of over 100,000 consumers and professionals nationwide who have successfully completed the financial and credit education program, Credit When Credit is Due. Credit When Credit is Due is a twelve lesson program targeted towards first time credit seekers and those individuals who may have abused their credit and now find themselves facing credit counseling, or worse yet, bankruptcy. In addition to consumers, Credit When Credit is Due is also recognized as a valuable training tool for credit, debt and other financial counselors and has been accepted for continuing education credits by a variety of national professional organizations.
Nationwide, there are close to 500,000 CWCID courses in print. Those 100,000 plus graduates are entitled to a number of benefits as their reward for investing in such comprehensive credit education, because each graduate had to pass an examination at the end of each of the twelve lessons. Among the benefits are notifications prepared for the consumer to send to the three major credit reporting agencies of their recent accomplishment for inclusion in their credit files, a variety of discounts and reduced rates from mortgage companies, real estate brokers, offers of deposit waivers from participating telephone and utility companies and special opportunities for members of participating credit unions.