CredAbility merges with ClearPoint

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The merger brings together two of the oldest and most trusted nonprofit credit counseling organizations in the nation. CredAbility was founded in Atlanta in 1964 and ClearPoint’s origins date back to1971. The new organization will have more than 150 credit, housing and bankruptcy counselors and financial educators.

According to the atlanta business chronicle, CredAbility will merge with Richmond, Va.-based ClearPoint Credit Counseling Solutions in December to create a nonprofit credit counseling organization.

Two of the oldest nonprofit credit counselors plan to merge, in a move that would create the second-largest such organization in the U.S. ClearPoint Credit Counseling Solutions in Richmond, Va., will merge with CredAbility in Atlanta at the end of the year, the two companies announced Monday. The.

CredAbility, ClearPoint credit counseling solutions agree to Merge Combination Creates Second Largest Nonprofit Counseling Agency in U.S. ATLANTA, GA and RICHMOND, VA., – October 1, 2013 – CredAbility and ClearPoint Credit. CredAbility is one of the companies that are constantly challenging themselves to do things better with their mission of helping people in financial difficulties in mind.

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Clearpoint is a national, nonprofit agency offering free credit counseling, budgeting help, bankruptcy counseling, and housing counseling. Clearpoint is a national, nonprofit agency offering free credit counseling, budgeting help, bankruptcy counseling, and housing counseling.

CredAbility, ClearPoint Credit Counseling Services to Merge 10/01/2013 BY: HUGH MOORE CredAbility and ClearPoint Credit counseling solutions announced tuesday that they have agreed to merge the two organizations effective December 31, 2013. The name of the new organization will be ClearPoint Credit Counseling Solutions and its headquarters will be in Atlanta.

"CredAbility and ClearPoint Credit Counseling Solutions announced on Oct. 1 that they have agreed to merge their two organizations, effective December 31, 2013. The combination will create the second largest nonprofit credit counseling organization in the nation, with 50 offices in 15 states from California to Florida.

Mortgage industry raises concerns about new HMDA rules The Bureau of Consumer Financial Protection (Bureau) issued final policy guidance (policy guidance) describing modifications the Bureau intends to apply to the Home Mortgage disclosure act (hmda) data reported by financial institutions under HMDA and Regulation C before the Bureau makes it available to the public on the loan level.