HSBC Provides Grant to Fund Budget Counseling: Money Management International Provides Counseling and Education Sessions for Nearly 10,000 Gulf Coast Consumers.HOUSTON -- At the end of 2006, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) - North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. (HSBC), one of the top ten financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies in the world, awarded a $300,000 financial education grant to Money Management International (MMI (Man Machine Interface) See HMI. 1. MMI - Man-Machine Interface. 2. (company) MMI - The company which developed the first Programmable Array Logic devices. MMI was bought by AMD. ), the nation's largest non-profit credit and debt counseling firm, and the parent company of Consumer Credit Counseling Credit counseling (known in the United Kingdom as debt counselling) is a process offering education to consumers about how to avoid incurring debts that cannot be repaid. This process is actually more debt counseling than a function of credit education. Services. This grant was designed to allow MMI to provide free budget counseling sessions to victims of hurricanes Katrina and Rita, and all families needing financial advice in the Gulf Coast region. "This grant provides vital training and educational resources to individuals as they move forward with their lives," said Loretta Abrams, Vice President of Consumer Affairs, HSBC North America. "As the Gulf Coast region continues to rebuild, HSBC is proud to support the work MMI is doing." Through the grant, in 2006 MMI offered 4,538 free counseling sessions, and presented 152 free budget education classes to 5,041 individuals living in the Gulf Coast region. "For most families in the Gulf Coast region, the healing process has already begun. As families continue putting their lives back in order, we know that piecing together their financial details will be an increasingly important task. Because we live and work in these communities, we want this information made available so consumers can make the best decisions for their families." said Cate Williams, Vice President of Financial Literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. for MMI. About Money Management International Money Management International (MMI) is a nonprofit, full-service credit-counseling agency, providing confidential financial guidance, financial education, counseling and debt management assistance to consumers since 1958. MMI helps consumers trim their expenses, develop a spending plan and repay debts. Counseling is available by appointment in branch offices and 24/7 by telephone and Internet. Services are available in English or Spanish. To learn more, call 800-762-2271 or visit www.moneymanagement.org. About HSBC - North America HSBC - North America comprises all of HSBC's U.S. and Canadian businesses Canadian Business is the longest-publishing business magazine in Canada. It was founded in 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce. The magazine was renamed Canadian Business in 1933. , including the former Household International businesses. The company's businesses serve nearly 60 million customers in five key areas: personal financial services, consumer finance, commercial banking, private banking and corporate investment banking and markets. Financial products and services are offered under the HSBC, HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. and Beneficial brands. For more information, visit: www.hsbcusa.com. |
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