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Articles tagged with: CCOA

Features and such, Week in Review »

[16 Jun 2013 | One Comment | 1,518 views]
Week in Review (June 9-15)

First off, happy Father’s Day to all the dads out there. Make your kids be nice to you for a change if you, indeed, have that much authority.
Second, we’ve had a busy week (as usual) here at First Arkansas News and would have for our tens of fans to miss out on anything. To that end, we’re doing our weekly thing of posting links to everything that’s been posted in the past week for your clicking pleasure. Yes, we wrote about everything from crepe myrtle thieves in Benton to the …

Columns and other comments, Features and such, News, Real Estate »

[13 Jun 2013 | One Comment | 2,751 views]
CCOA observes National Homeowner Month

June is National Homeownership Month, and Credit Counseling of Arkansas (CCOA) is using this month to call attention to the opportunities consumers have to achieve sustainable homeownership through access to professional housing counseling and homebuyer education.
CCOA is a non-profit organization and HUD-approved housing counseling agency that offers services to help people get into, and stay in, affordable housing, a news release states. Although the national housing trend is improving, there are still many homeowners who are struggling to make mortgage payments. CCOA’s free foreclosure prevention counseling sessions help homeowners assess …

Business, News »

[7 May 2013 | One Comment | 3,304 views]
Eight tips for vacation savings

As school lets out for the summer, vacations are on many families’ minds. A Credit Counseling of Arkansas (CCOA) website poll showed that 84 percent of families haven’t had a vacation in the past year. Many can’t afford to take one unless they pinch their pennies. But whether someone plans an elaborate vacation or something close to home, it is vital to first create a vacation budget to avoid overspending, as spending too much will ultimately just add more stress to a family and their finances.
“People are still feeling pinched …

Business, News »

[11 Apr 2013 | One Comment | 2,153 views]
Survey reveals consumers’ top financial concerns

April is Financial Literacy Month and the National Foundation for Credit Counseling (NFCC) recently released the results of the 2013 Financial Literacy Survey. The annual survey provides data and trending around Americans’ attitudes and behaviors related to personal finance.
“This year’s survey results provided somewhat of a mixed message,” said Mark Foster, Director of Education for Credit Counseling of Arkansas (CCOA). “More than one in four consumers indicated they are spending more than last year, yet 77 percent admitted to having financial worries, listing insufficient savings as their top financial concern. …

Features and such »

[13 Jun 2012 | 2 Comments | 5,014 views]
Summer savings on electric bills

Summer can mean an increase in family activities and trips. Unfortunately, it can also mean an increase in electric bills. The high cost of electricity use in the summer can greatly stress a family’s budget. Fortunately, there are some important actions that can keep costs down. Non-profit Credit Counseling of Arkansas (CCOA) has these tips:
* Scheduling a tune-up for your air-conditioning unit can keep things running smoothly and efficiently. If you haven’t used an appliance company before and don’t know which one to use, visit the Better Business Bureau online …

Business, Columns and other comments, Features and such, Legal, News, Real Estate »

[25 Mar 2012 | No Comment | 3,190 views]
Been through a foreclosure? You may be eligible for a review

If your home was tangled up in the foreclosure process in 2010 or 2011, you may be entitled to an independent review which will determine if you are entitled to compensation.
The clock is ticking on that process, however – people wanting a review must request one by the end of July.
In essence, the federal Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Board of Governors of the Federal Reserve investigated 14 major mortgage servicers accused of engaging in unfair foreclosure practices. The end result …

Columns and other comments, Community, Features and such »

[24 Mar 2012 | No Comment | 4,872 views]
CCOA offers tips on how to improve credit

Many people pinch their pennies by doing things such as using coupons and not leaving their water running for very long. But one thing that can save you a lot of money is improving your credit. Better credit means a better credit score, and a better credit score means better interest rates on your credit cards, home and car loans, which can save you literally thousands of dollars.
The majority of your credit score – 65 percent, in fact – is based on your payment history and how much debt you …

News »

[6 Jan 2012 | No Comment | 1,458 views]
New Year Financial Goals

The New Year is just starting to get underway. Everyone should have some kind of goals for their money and now is the perfect time to be thinking about goals for 2012. Many people wish for good things to happen to them financially, however, too few take action to turn those wishes into becoming reality.
“It is important to create a few financial goals,” said Mark Foster, Director of Education for Credit Counseling of Arkansas (CCOA). “As hockey legend Wayne Gretzky said, ‘You miss 100 percent of the shots you don’t …

Columns and other comments, Features and such »

[5 Dec 2011 | One Comment | 4,922 views]
Holiday spending tips from CCOA

The holidays can take a big bite out of your budget – planning ahead will keep your spending under control so that you can enjoy the season without lingering pain from overspending.
It’s important not to get too carried away with excited holiday shopping, because you can easily end up overspending. Holiday overspending can lessen the joy of the season as you see credit card statements and minimum payments going higher or have a tougher time making ends meet to pay all your bills.
“You can find ways to enjoy the holidays …

Columns and other comments, Features and such »

[12 Nov 2011 | 3 Comments | 5,854 views]
Rules of the credit scoring game

It’s hard to play a game if you don’t know the rules. Imagine suddenly having to play a game you’ve never played before – perhaps rugby, polo, or cricket.. What would you do? You could try to make the best of it, but invariably you would make a lot of mistakes along the way simply because you don’t know what you’re supposed to be doing..
Many consumers use credit but don’t know much about credit scoring and how the scoring game is played. As a result, people often make the wrong …