A recent study finds that telephone and face-to-face counseling can be equally effective and appear to generate equivalent outcomes for consumers' creditworthiness two years later. The increase in telephone and online counseling may encourage consumers to seek earlier assistance for their credit...

Government actions, combined with oversight and standardization from industry organizations, benefit consumers by enabling them to more easily identify agencies that work in their best interest and are certified to provide them with quality financial education.

Access to mainstream financial services is on the horizon for unbanked and underbanked consumers in Houston through Get Checking(TM), a national initiative sponsored by eFunds Corp. and the University of Wisconsin Extension.

Consumers can go online to get advice about choosing the right agency.

Exceptionally high numbers of unbanked Houston residents are experiencing the advantages of having a bank account as the Bank on Houston program wraps up its second quarter of operation.