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Get to know National Foundation for Credit Counseling (NFCC)

Founded in 1951, the National Foundation for Credit Counseling (NFCC) is a non-profit organization dedicated to improving people's financial well-being. It operates as a national umbrella organization for its network of member agencies, which provide free or low-cost financial counseling, debt management plans, credit report reviews, and educational programs to millions of consumers each year. The NFCC's mission is to help individuals and families gain control over their finances, and it sets the national standard for quality credit counseling and financial education through rigorous accreditation of its member agencies.

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National Foundation for Credit Counseling (NFCC)

United States

Founded in

1951 (75 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.