Credit Card Certification Course for Young People Ages 21 and under: Credit When Credit is Due Recognized Nationwide, Course is Now Online.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- A new credit card certification course for young people facing new credit card restrictions is being made available online by the Institute of Consumer Financial Education (ICFE ICFE Institute of Consumer Financial Education (San Diego, CA) ICFE International Council of Federal Editors ICFE Institute of Certified Fraud Examiners ), a San Diego based nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. . The course is the widely acclaimed ac·claim v. ac·claimed, ac·claim·ing, ac·claims v.tr. 1. To praise enthusiastically and often publicly; applaud. See Synonyms at praise. 2. credit education program, Credit When Credit is Due (CWCID CWCID Call Waiting/Caller ID CWCID Credit Where Credit Is Due ). 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 card·hold·er n. One who holds a card, especially a credit card. card  hold 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 lenders. Nationwide, over 72,500 people have completed the CWCID program. About 400,000 CWCID text books have been distributed. The graduates are entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: 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. Online enrollment is simple, go right to the ICFE's website. The course fee is $40. 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: www.icfe.info. [TABLE OMITTED] |
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