SAN DIEGO, CA - The Board of the National Association of Certified Credit Counselors, (NACCC) has approved the Institute of Consumer Financial Education s (ICFE) Certified Credit Report Reviewer Program for continuing education credits for counselors who enroll in and successfully complete the ICFE s popular program.
The Board of the National Association of Certified Credit Counselors has reviewed your program and has extended four continuing education credits to counselors who purchase this program. This includes reading the study guide and earning a passing score on the Certified Credit Report Reviewer Examination.
The Do-It-Yourself Credit File Correction Guide, (which is an integral part of the program) is a significant tool for both counselors and consumers. Therefore, proof of assisting clients with the appropriate forms or credit repairs can warrant additional continuing education credit up to an additional four hours. We have determined that providing consumers with the corrective tools to fix and repair credit reports is highly instructional for all involved and therefore counselors who use these tools should be awarded four additional hours."
Other organizations awarding continuing education units for the ICFE s Certified Credit Report Reviewer program are:
Association for Financial Counseling and Planning Education (AFCPE) 10 Continuing Education Credits
International Association of Registered Financial Consultants (IARFC) 10 Continuing Education Credits
The ICFE s Certified Credit Report Reviewer program focus on the new Fair and Accurate Credit Transactions Act, the successor to the older Fair Credit Reporting Act, which offers consumers nationwide a free of their credit reports on an annualized basis, in addition to several new provisions which streamlines to dispute process and offers greater protections for victims of identity theft and financial fraud.
ICFE Certified Credit Report Reviewers enroll in a self-study program which culminates with a 30 question examination and 25 correct answers are required for a passing grade and subsequent Certification.
About 450 individuals have enrolled in the ICFE program. Enrollees come from credit unions, mortgage companies, credit and debt counselors, professional financial and insurance planners and financial educators including command financial specialists, from all branches of the military.
For more information about the ICFE and the Certified Credit Report Reviewer Certification program for 2004, please visit the ICFE s Web site (www.icfe.info).