FORT LAUDERDALE, FL – September 11, 2015 – (HISPANICIZE WIRE) – Committed to educational outreach within the Hispanic community, Consolidated Credit is launching as part of Hispanic Heritage month (Sept 15 thru Oct 15). The website contains financial tools, articles, informational brochures and videos geared towards aiding Latino families in their quest for financial health and the natural accumulation of savings.

“Hispanic-Americans need to be knowledgeable about how the credit industry works in the United States. Building a strong credit history is one key to success when it comes to effective and intelligent money management,” says Beatriz Hartman, Community Development Manager for Consolidated Credit.

Celebrate “El Mes de la Hispanidad” by Increasing Your Level of Financial Education

Hispanics represent 17 percent of the U.S. population and they suffer from some of the same problems as other groups, but they lack solid consumer information in Spanish. Financial organizations need to expand their initiatives to work with the Spanish speaking-reliant segment of the Hispanic community to teach them how to manage their debt and credit successfully. Consolidated Credit is helping this cause with financial literacy outreach and reminds members of the Hispanic-American community of the importance of increasing their level of financial education.

Financial Education to Be Financially Prepared

A recent study conducted by the national research organization Demos and The National Council of La Raza (NCLR), compared data from 2008 and 2012 and revealed that Latinos had $6,066 on credit cards and are likely to carry revolving balances month to month. Another recent study by Wells Fargo Survey indicates that three out of four (76%) Latinos in the U.S. wish they had learned more about managing money when they were growing up. Beatriz Hartman believes financial education can help Latino families be more financially prepared to build pathways to a strong, diverse middle-class. Hartman says, “The more work you put into your finances, the better equipped you and your family will be to handle challenges as they arise.”

Besides, Consolidated Credit also has a Spanish-language website, Facebook page and YouTube channel with lots of rich and unique content about personal finance that can help create awareness to build pathways to a strong, diverse middle-class.

Tools and Other Financial Resources * [ver en español]

A Note on Terminology

The terms “Latino” and “Hispanic” are used interchangeably in this press release.

About Consolidated Credit:

Consolidated Credit <> is one of the nation’s largest credit counseling agencies and has helped over 5 million people over more than 20 years with financial issues. Their mission is to assist families throughout the United States in ending financial crisis and solving money management problems through education and professional counseling. The organization is ISO 9001:2000 registered, members of the Better Business Bureau and Association of Credit Counseling Professionals.