Consolidated Credit Celebrates 25 Years of Financial Education

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Adapting new technologies to help consumers build financial knowledge in an ever-evolving world.

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May 17, 2018, 08:15 ET

FORT LAUDERDALE, Fla., May 17, 2018 /PRNewswire/ -- Since 1993 when Consolidated Credit first opened its doors they have been a leader in providing financial education. In the past 25 years they have helped over 6.5 million people overcome debt and credit obstacles.

Each year the nonprofit distributes 50,000 educational publications, participates in nearly 300 events reaching more than 15,000 thousand people annually. The goal is to provide education that empowers people to control their own financial destiny and overcome challenges.

To mark Consolidated Credit's 25th anniversary they have released a video that follows the history of their financial education and they look at how education & outreach has evolved over the years. The journey starts with print publications that were a staple of financial education; then it moves into new educational tools such as infographics, videos, interactive courses and on-demand webinars. Consolidated Credit is proud to say they have helped 6.5 million consumers over the years.

"Without financial education, financial stability is just a dream," says Gary Herman, President of Consolidated Credit. "We're in the business of helping people to get out of credit card debt, but our mission is to help people get to a level where they don't need debt relief services."

This mission continues today as Consolidated Credit explores new ways to keep financial education at the forefront of consumers' minds. "We're excited to find ways to use new technologies that are changing the way people do everyday tasks," Herman explains. "That way, financial education can adapt to become a habit that's incorporated into people's lives day-to-day. We believe that kind of accessibility will help us make even greater strides in improving financial literacy across America."

While the technology has evolved, the goal is exactly what it was when Consolidated Credit launched its first financial education initiatives – to improve financial literacy so consumers can achieve and maintain long-term financial stability.

About: Consolidated Credit's mission is to assist families throughout the United States to end financial crises and solve money management issues through education and professional counseling. Visit ConsolidatedCredit.org for more information.

SOURCE Consolidated Credit