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
email@example.com 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). The ICFE is dedicated to helping consumers of all ages to improve their spending, 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 education programs and Resources. It 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 became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org). CASDRAP disbanded in 2010, shortly after the web site project was completed. In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.
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.
Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org. Both sites 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, a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.
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|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