Fee Schedule

CredAbility receives funding from entities that support financial counseling, private and corporate foundations, state and federal governmental units, creditors and individuals. Although some of our services require a fee, the majority of our counseling and education services are free. CredAbility does not deny service if you are unable to pay. In cases of financial hardship, fees may be reduced or eliminated.

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

$125.00
  • Consumers may schedule as many follow-up sessions as needed at no charge
  • Fee includes the Certificate of Counseling required by some funders for down payment assistance or other home purchase program

2 Hour 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 to $150.00
  • Reverse Mortgage Counseling is provided to consumers at no charge as long as funding is available.
  • Fees might also be deferred until loan closing when consumers have incomes below the Federal Poverty Level
  • Consumers may schedule as many follow up sessions as need within 6 months of the counseling session at no charge
  • Reverse mortgage counseling certificates expire in 180 days. An additional fee may be charged for re-counseling after 180 days
  • This fee includes the counseling required prior to applying for a HECM reverse mortgage

Bankruptcy Pre-filing Counseling

-In Person
-By Telephone
$50.00 / household
  • Fee includes the Certificate of Counseling required to file for bankruptcy
  • Fees are waived for clients that meet 150% of the federal poverty level or are receiving legal aid

Bankruptcy Pre-filing Counseling

-By Internet

$50.00 / household
  • Fee includes the Certificate of Counseling required to file for bankruptcy
  • Fees are waived for clients that meet 150% of the federal poverty level or are receiving legal aid
  • In some states clients are assessed a $20 fee which represents a $30 reduction in our standard fee. For specific fees in your state, please call us at 800.251.CCCS (2227)

Bankruptcy Pre-discharge Debtor Education

-By Internet
$50.00 / household
  • Fee includes the Certificate of Debtor Education required prior to the discharge of bankruptcy
  • Fees are waived for clients that meet 150% of the federal poverty level or are receiving legal aid.
  • Depending on any arrangement that we may have with your attorney, your fee may be $20, which represents a $30 reduction from our standard fee. 

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.

6 Hour Education Homebuyer Workshop

-By Internet

$25.00 / person
  • Fee includes the Certificate of Education for 6-Hour program required by some funders for down payment assistance or other home purchase programs

8 Hour Education Homebuyer Workshop

-By Internet

$75.00 / person
  • 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

  • CredAbility reserves the right to charge consumers a nominal fee for select online classes.

CheckWise

-In Person
-By Internet

$40.00 / in person
$25.00 / online

  • An interactive checking account and banking course.
Debt Management Plan(DMP) Fees vary by State

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 modified by state law, our fee structure is: 

  • $50 one-time setup fee
  • $50 maximum monthly maintenance fee (calculated as 7.5% of dollars disbursed or $10 per creditor).

    For specific fees in your state, please call 800.251.CCCS (2227). DMP fees may be waived when there are unusual or dire circumstances.

 

* Disclosure: CredAbility reserves the right to revise the fees charged for these programs and to revise or change its fee waiver criteria at any time.