| CredAbility Service | Fee |
|
|---|
| Budget & Credit Counseling |
$0.00 |
- Consumers may schedule as many follow-up sessions as needed at no charge
|
Pre-Purchase Housing Counseling -By Telephone |
$0.00 |
- Consumers may schedule as many follow-up sessions as needed at no charge
|
Pre-Purchase Housing Counseling -By Internet |
$50.00 |
- Consumers may schedule as many follow-up sessions as needed at no charge
- Fee includes the Certificate of Counseling for 2-Hour program required by some funders for down payment assistance or other home purchase program
|
Post-Purchase Housing Counseling
|
$0.00 |
- Consumers may schedule as many follow-up sessions as needed at no charge
|
Foreclosure Prevention Counseling
|
$0.00 |
- Consumers may schedule as many follow-up sessions as needed at no charge
|
Reverse Mortgage Counseling
|
$0.00 |
- Reverse mortgage counseling is offered free of charge to consumers.
|
| Bankruptcy Pre-filing Counseling |
$50.00 / household |
- Fee includes the Certificate of Counseling required to file for bankruptcy
- Fees are waived for consumers who receive Social Security disability income, are being represented pro bono or whose income meets federal poverty income levels
|
Bankruptcy Pre-discharge Debtor Education -In Person
-By Internet |
$50.00 / household |
- Fee includes the Certificate of Debtor Education required prior to the discharge of bankruptcy
- Fees are waived for consumers who receive Social Security disability income, are being represented pro bono or whose income meets federal poverty income levels
|
Bankruptcy Pre-discharge Debtor Education -By Telephone
|
$75.00 / person |
- Fee includes the Certificate of Debtor Education required prior to the discharge of bankruptcy
- Fees are waived for consumers who receive Social Security disability income, are being represented pro bono or whose income meets federal poverty income levels
|
Education Seminars & Workshops -In Person |
$0.00 |
- Most courses are offered free of charge, except where otherwise indicated. CredAbility reserves the right to charge consumers a nominal fee for select in-person education classes. Fees vary by State.
- Organizations should contact CredAbilityU for pricing and scheduling of seminars/workshops at 866.255.2227.
|
Education Homebuyer Workshop -In Person |
$25.00 / household |
- Currently offered in Florida, Georgia, Mississippi and Tennessee only.
- Fee includes the Certificate of Education for 6-Hour program required by some funders for down payment assistance or other home purchase programs
|
Education Homebuyer Workshop -By Internet |
$75.00 / household |
- Fee includes the Certificate of Education for 8-Hour program required by some funders for down payment assistance or other home purchase programs
|
Online Education (courses on-demand, live webinars, podcasts, videos)
|
$0.00
$25.00 via online/ $40 in person
|
- CredAbility reserves the right to charge consumers a nominal fee for select online classes.
- An online, interactive checking account and banking course.
|
| Debt Management Plan(DMP) |
Fees vary by State |
Unless otherwise prohibited or modified by state law, the following fee is requested to defray administrative costs for managing debt management plans:
- $35.00 one-time setup fee
- $50.00 maximum monthly fee
Fees for services are determined based on where a person resides. DMP clients are asked to help offset a portion of the cost of servicing their accounts. Unless otherwise limited by state law, our fee structure is: $35 one-time set-up fee and $50 maximum monthly maintenance fee(calculated as 7.5% of dollars disbursed or $5 per creditor). For specific fees in your state, please call us at 800.251.2227. DMP fees may be waived when there are unusual or dire circumstances. |
