Overview
The American Fair Credit Council (AFCC) is the leading national association of debt settlement companies. The AFCC and its members work on behalf of consumers struggling with overwhelming burdens of unsecured debt to settle those debts for less than their full balance.
We Are the Leading Association of Professional Debt Settlement Companies
- We Support Consumer Rights: The AFCC supports consumers struggling with overwhelming unsecured debt problems.
- We Enforce Best Practices: The AFCC defines, promotes, and enforces best practices and high standards for the debt settlement industry.
- We Advocate for Consumer-Centric Policies: The AFCC advocates for strong legislative and regulatory environments that protect consumers and their ability to access quality, effective debt settlement options.
AFCC accredited member companies agree to abide by a strict Code of Conduct and are required to follow stringent regulatory guidelines for operation. In addition, all AFCC members operate on a “No Advance Fee Model” and never charge a fee for services until a consumer’s debt has been successfully negotiated.
In return for their services, AFCC-Certified Consumer Credit Advocates are paid a fee by the consumer (never by the creditor) but ONLY WHEN THE DEBT IS RESOLVED. And to avoid any hint of impropriety, AFCC members never handle, manage, or otherwise control their clients’ funds.
Finally, all AFCC members agree to abide by a strict Code of Conduct, ensuring they operate with the highest level of compliance, transparency and integrity.
Read the Code of ConductThe History of The American Fair Credit Council
The AFCC was formed in April 2011 by a group of industry-leading companies to advance the goal of an industry in full compliance with the regulatory initiatives of the Federal Trade Commission. The AFCC founders realized that the former trade association, The Association of Settlement Companies (TASC), did not fully represent the wave of change that has swept through the industry, and that the American public deserved a clearer, more forward-looking approach to consumer credit advocacy. TASC no longer exists. We are now the American Fair Credit Council (AFCC). We have a new vision and a new mission that focuses on the people we serve. Here are a few more ways in which we are different:
Become a Member of the AFCC Today!
Join the American Fair Credit Council today and join a select group of leading consumer credit advocates who are committed to the highest ethical standards of operation in the debt settlement industry. Here are just a few of the benefits you will receive as a member of the AFCC.
- A detailed, searchable company listing on the AFCC Website
- Invitations to the member only workshops
- Discounts to all AFCC hosted conferences
- Monthly member conference calls
- State Law Guide provided by Greenspoon Marder
- Multi-State daily legislative updates
- Rights to use the AFCC Seal on your website and marketing collateral