ICFE eNEWS #07-08 - May 21th 2007
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US Air Force Enrolls 200 in ICFE Certification Programs

San Diego, CA. - The United States Air Force (USAF) awarded the nonprofit, Institute of Consumer Financial Education (ICFE) a contract for the enrollment of 200 USAF personnel in the ICFE's specialized training and certification programs. Selected Command Financial Specialists (CFS) and Community Readiness Consultants (CRC) with the Airmen and Family Readiness Centers, who are providing counseling and education at Air Force installations around the world, are participating.

The ICFE, which is providing exclusive training, examination and certification to Air Force counselors as ICFE Certified Credit Report Reviewers (CCRR) and/or the ICFE Certified Identity Theft Risk Management Specialists (CITRMS), is also an official partner with the Department of Defense's Financial Readiness Campaign.

Naomi Vernon, of the Airman, Family and Community Operations Branch, headquartered at Randolph AFB, Texas, said 'Our personnel, and especially new recruits, are constant targets of fraudulent business deals and scams whether the businesses are situated outside AF installations or on the internet. A good way to help them avoid entrapment is education.' Vernon continued, 'Loan fraud, payday lending, credit and identity theft are among the most prevalent.'

Many Air Force CRCs and CFSs are Accredited Credit Counselors (ACCs) or Accredited Financial Counselors (AFCs), credentials they earned through the Association for Planning and Counseling Education (AFCPE). Individuals who hold these credentials are required to earn continuing education (CE) credits each year, similar to CPA or CFP continuing education requirements.

The ICFE's courses on credit report reviewing, and identity theft risk management are widely recognized and both are accepted for CE credits with many major organizations, including the AFCPE, the CFP Board of Standards and Practices and several state regulatory licensing agencies.

'The CCRR and CITRMS materials include an Independent Study Guide, PowerPoint Shows, software and examination booklet. Once certified, the CRCs are equipped to put on training seminars and also counsel Air Force personnel on these important issues,' said Ms. Vernon.
The ICFE has examined and issued credentials to over 5,000 individuals, including privacy consultants, law enforcement, other military counselors, lawyers, paralegals, financial planners, credit counselors, real estate agents and mortgage brokers since 2005.

Get information on ICFE's certifications at www.financial-education-icfe.org.

Contact: ICFE Executive Director Paul S. Richard 619-239-1401

OR Naomi Vernon, USAF Randolph AFB, TX at 210-565-2055

About the ICFE:

The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation).  The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. 
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org).  CASDRAP disbanded in 2010, shortly after the web site project was completed.  In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.

The ICFE is also an on-line help for consumers who spend too much.  ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.

Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org.  Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G,  a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.

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