As a non-profit community organization, Consumer Credit Counseling Service of Northeastern Iowa is supported by a number of funding sources including national and local grants, programs, fee-for-service arrangements, and creditors’ “fair share” contributions.
Most of our funding comes from these voluntary contributions from creditors who participate in our Debt Management Plans (DMPs). Those plans serve the dual role of helping you repay your debts and helping creditors collect money owed them.
The voluntary contributions from creditors are calculated as a percentage of payments you make through your DMP. Your accounts with your creditors will always be credited with 100 percent of the amount you pay through us, and we will work with your creditors regardless of whether they contribute to our agency.
As a non-profit organization, we are grateful to community supporters who invest in our work financially.
Special Thanks to Local CCCS Funders
Local grants help keep the lights on. We send our special thanks to The Max & Helen Guernsey Charitable Foundation, Principal Financial Group, Community Foundation of Northeast Iowa, Community Foundations of Dubuque and Mason City and FCNB Foundation all of whom have contributed regularly to CCCS. We extend our special thanks to American Trust, Dubuque Bank & Trust, Bank Iowa, Community Bank & Trust, Lincoln Savings Bank, Wells Fargo, Dupaco and Dutrac and University of Iowa Credit Unions along with various banks and credit unions throughout Iowa.
Credit Education Supporters
We wish to acknowledge our appreciation to National Grant Supporters including CITI-Group, CapitolOne, Bank of America, Discover and State Farm Insurance.
During the last 5 years 59% of our support has come from client fees, 18% from national companies with 12% from housing (HUD) and 11% from local grants. All funds raised help us to continue our policy of offering clients free first time counseling sessions. We also do not charge for education classes presented.