Card Certification Course For Young People Ages 21 And Under
"Credit When Credit Is Due" Recognized Nationwide -
Course Is Now Online
San Diego, CA. (May 2011) A new credit card certification
course for young people facing new credit card restrictions is
being made available on line by the Institute of Consumer
Financial Education (ICFE), a San Diego based nonprofit
organization. The course is the widely acclaimed credit
education program, Credit When Credit is Due (CWCID). It is
recognized by credit counselors, lenders and credit reporting
agencies. The new reforms that take effect in February prevent
issuers from extending credit to those younger than 21 unless
they show they have the means to pay the bills or they have a
co-signer, such as a parent. Card issuers also will need a
co-signer's approval to increase credit limits of a cardholder
younger than 21.
Credit When Credit is Due (CWCID) is a twelve
lesson program targeted towards first time credit seekers. There
is a test at the end of each chapter. Parents being asked to
co-sign for credit cards and young people seeking first time
credit will find CWCID a big advantage. successful students
receive information about their CWCID completion which may be
sent to credit reporting agencies and presented to potential
Nationwide, over 100,000 people have completed the CWCID
program. Over 500,000 CWCID text books have been distributed.
The graduates are entitled to a number of benefits as their
reward for investing in such comprehensive credit education. In
addition, a recent study released by Dr. John Usera, of the
Institute for Educational Leadership & Evaluation (IELE),
reports a strong correlation between completion of Credit When
Credit is Due and increased credit scores. Many credit and debt
counseling organizations require their clients to take CWCID as
part of their credit re-hab clinics.
CWCID in textbook format is $65.
CWCID Online enrollment is $50.
Students will receive a user name and password
to the CWCID website and the online format.
Students may take
the course at their own speed. For more information about CWCID
online, please visit:
Course content: 12 lessons included in the Credit When Credit
Is Due course are:
- Lesson One: The Facts Of Life
- What you need to know to get along as a financially
- Lesson Two: Living On The Edge
- How to budget and save your money, and plug your
- Lesson Three: To Borrow Or Not To Borrow
- How to decide if you should pay cash or borrow the money
- Lesson Four: So You Have Decided To Borrow Some Money
- How to get through the credit-granting process once you
decide to borrow.
- Lesson Five: The Terms Of The Deal
- How to determine if you are getting the deal you have
- Lesson Six: Auto Loans And Leases
- One of the toughest deals to negotiate.
- Lesson Seven: Home Sweet Home
- The largest debt you are likely to ever have.
- Lesson Eight: Credit Cards And Other Loans
- What you need to know about credit cards, personal
signature loans, etc.
- Lesson Nine: You've Got Trouble When
- How to tell you when you may have a problem.
- Lesson Ten: When You Fall Behind
- Dealing with delinquency and bill collectors.
- Lesson Eleven: Bankruptcy
- The ultimate credit overload.
- Lesson Twelve: Building And Rebuilding Your Credit
- How to establish good credit when you have no credit
history or even a bad credit past.
ICFE eNEWS is available FREE upon request by
sending an email to
firstname.lastname@example.org and place the words eNEWS Request in the
subject line. Please pass this eNEWS on to your peers and interested
others and invite them to subscribe for free.
Paul S. Richard
President - Executive Director
Institute of Consumer Financial Education (ICFE)
About the ICFE:
The Institute of Consumer Financial Education (ICFE) was founded in 1982 by
the late Loren Dunton (creator of the Certified Financial Planner (CFP)
designation and founder of the College for Financial Planning in Denver, CO.)
The ICFE is dedicated to helping consumers of all ages to improve their spending
practices, increase savings and use credit more wisely.
The ICFE is an
award winning, nonprofit, consumer education organization that has helped
millions of people through its financial continuing education courses programs
and resources. In addition to eight Certification courses covering identity
theft, credit files, credit repair and credit scoring, among others, it also
publishes the Do-It-Yourself Credit File correction Guide, which is updated
annually. The ICFE has distributed over one million Credit/Debit Card Warning
Labels and Credit/Debit Card Sleeves world wide.
The ICFE is a partner
with the national Jump$tart Coalition for Financial Literacy and the California
Jump$tart chapter. The ICFE staff is also active with San Diego Saves and
Military Saves, both offshoots of America Saves.
The ICFE is also an
on-line help for consumers who spend too much. ICFE's spending help was featured
in PARADE Magazine in the Intelligence Report section. The money helps and tips
are from the ICFE's Money Instruction Book, our course in personal finance.
The ICFE helps consumers and students with mending spending, learning about
the proper use of credit, budget and expense guidelines, how to set up and
implement a spending-plan and also how to access financial education courses and
how to teach children about money. Other ICFE services include: Ask Mr. G
library, a free eNews service, and an online resource center for students,
parents and educators, plus financial education learning tools in the ICFE Book
|To Order Financial Education Books,
DVDs, and Software:
Click Here for Order
Options (Online, Fax, Phone)
|California residents add 8.00ales tax
MasterCard or American Express Accepted
|call 619-239-1401 fax 619-923-3284 OR send check
or money order to:
Institute of Consumer Financial Education
P.O. Box WWW-34070
San Diego, CA 92163-4070
The Institute of Consumer Financial Education does not
make names available to third parties