Founded in May 1982 by Loren Dunton (1918-1997)
Dedicates 25th Anniversary Year to Marta Benko Dunton
San Diego, CA. - In May of 1982, the founding
father of the financial planning profession, Loren
Dunton, established the Institute of Consumer Financial
Education (ICFE) as a 501c3, non profit public education
organization, headquartered in San Francisco, CA.
Loren Dunton was the creator of the prestigious CFP '
Certified Financial Planner designation, which is now
recognized around the world. He also founded The College
for Financial Planning in Denver in 1969, he was the
founding publisher of 'Financial Planning Magazine' and
the author of 'How to sell Mutual Funds to Women,' a
book published in five other languages.
The ICFE was always part of the original business plan
when Loren formed the College and the CFP group. He was
a great forward thinker; realizing consumers would soon
have to be educated as to what this new profession was
all about. Loren thought financial education was the
learning part and financial planning was the doing part.
Loren dedicated the ICFE to 'Helping people improve
their spending Practices, increase their savings
accumulation and use credit more wisely. President
Reagan's Private Sector Initiative program presented the
ICFE with its 'C-Flag' Award in May of 1987.
The ICFE began publishing the Do-It-Yourself Credit File
Correction Guide in 1989, created Credit Card Warning
Labels in 1990 and Credit Card Sleeves, a/k/a credit
card condoms in 1993. The ICFE's first web site was
unveiled in 1996.
June 2004, the ICFE signed a Memorandum of Understanding
(MOU) with the Department of Defense (DOD) and became an
official partner in the DOD's Financial Readiness
Campaign, making ICFE free Resources and other low cost
publications available to US military counselors all
over the world.
The ICFE has Certified Credit Report Reviewer (CCRR) and
Certified Identity Theft Risk Management Specialist (CITRMS)
programs in place and over 7,000 individual
professionals have been trained, examined and certified
by the ICFE as Personal Finance Instructors for the
Money Instruction Book, or as CCRRs and/or CITRMS.
The ICFE proudly dedicates its 25th anniversary year to
its Chairwoman Emeritus, Marta Benko Dunton of San
Francisco. A plaque honoring the occasion will be
presented to Mrs. Dunton in San Francisco.
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.