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National Foundation for Credit Counseling Warns of Skyrocketing Consumer Financial Stress

August 14, 2024

Recent NFCC data indicate more pain on the horizon for consumers already struggling to manage debt and increased cost of living.

Washington, DC – The National Foundation for Credit Counseling (NFCC) today released its latest Financial Stress Forecast, revealing a startling surge in consumer financial distress. The data reveal a rapidly deteriorating financial landscape for Americans, with many teetering on the brink of a severe financial crisis.

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NFCC Spokesperson

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Bruce McClary

Senior Vice President, Memberships & Communications

As the lead spokesperson, Bruce provides communications support for the nation’s largest and longest-serving network of nonprofit credit counseling organizations. He also manages activities focused on industry collaboration and membership…

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